EPACK Durable Limited has informed the Exchange about Copy of Newspaper Publication for Postal Ballot Notice
EPACK · price
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EPACK Durable Limited has published newspaper advertisements on July 12, 2025 in Financial Express (English, all editions) and Jansatta (Hindi, Delhi NCR) regarding a Postal Ballot Notice. The Postal Ballot seeks shareholder approval (via Special Resolution) for a variation in the terms of the objects stated in the company's IPO Prospectus dated January 24, 2024. Shareholders will be able to vote through remote e-voting, and the notice has been dispatched electronically. The company had raised funds through its IPO in early 2024 and now wants to change the stated use of those proceeds, which is a material corporate action requiring shareholder consent.
Shareholders should review the proposed change in use of IPO funds carefully and exercise their voting rights through the remote e-voting facility. A variation in IPO objects can be a material event for the stock and may attract attention from investors about how the original deployment plans are shifting.