EPACK Durable Limited — Others, 15-05-2025: Monitoring Agency Report

Epack Durable Limited has announced that the utilization of its IPO proceeds (around INR 379.34 Cr) aligns fully with its planned objectives. Funds have been deployed for expanding manufacturing facilities (INR 230 Cr), loan repayment (INR 80 Cr), and general corporate purposes (about INR 69 Cr), with no delays. Approximately INR 196.7 Cr remains parked in fixed deposits and bank accounts. The report confirms smooth execution of the company’s expansion and debt reduction plans, supporting steady operational growth and financial health.