EPACK Durable Limited — JV/Acquisition, 12-11-2024: Acquisition

EPACK Durable Limited has approved the incorporation of a wholly owned subsidiary, EPACK Manufacturing Technologies Private Limited, aimed at manufacturing air conditioners and home appliances. This strategic move follows a cooperation agreement with Hisense International for manufacturing domestic appliances, reflecting a commitment to business growth. Concurrently, Mr. Arjit Gupta has been appointed Company Secretary, while Mr. Sanjay Singhania has transitioned from Whole Time Director to Non-Executive Director. The anticipated impact includes enhanced operational capabilities and market penetration, aligning with the company's growth strategy.