EPACK Durable Limited — Others, 12-11-2024: Appointment

EPACK Durable Limited's Board has approved its unaudited financial results for the quarter and half-year ended September 30, 2024. The results show a revenue of ₹1,15,078.37 lakh and a net loss of ₹849.22 lakh for the quarter. Additionally, Mr. Arjit Gupta has been appointed as Company Secretary and Compliance Officer, effective immediately. The Board also greenlit the creation of a wholly owned subsidiary, EPACK Manufacturing Technologies Private Limited. This expansion reflects the company's strategic move towards enhancing operational capabilities in manufacturing. However, investor sentiment may express concerns given the recent losses, balanced by potential future growth through new ventures and structural changes.