EPACKBSEEPACK Durable LtdMinimalNeutral
Announced Wed, 20 May · 22:36 IST

EPACK Durable Limited has informed the Exchange about the re-appointment of Cost Auditors of the Company.

EPACK · price

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Price reaction · full curve 14 horizons · vs prior close
-12.0%1-day move
₹262.40
prior close
₹237.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-0.1+0.1+0.7-12.0-11.0-10.2-12.2-13.6-15.8-13.1-4.2-9.3
Up moveDown movePending
AI summary

EPACK Durable Limited announced multiple board-level decisions on May 20, 2026. The Board appointed Ms. Esha Gupta as Company Secretary and Compliance Officer (Key Managerial Personnel) with immediate effect. She brings 17+ years of experience in Corporate Law, FEMA, RBI, and M&A, having previously worked with Hero Motors and Dixon Technologies. Mr. Ajay DD Singhania has been re-appointed as Managing Director for 5 years (November 2026 to November 2031), subject to shareholder approval at the AGM. Mr. Shailendra Kumar (Senior General Manager – Sales & Marketing) will no longer be classified as Senior Management Personnel due to an organizational restructuring, though he retains his current role. Cost auditors M/s Cheena & Associates have been re-appointed for FY 2026-27, with their remuneration requiring member ratification at the AGM.

Likely market impact

The appointments of a new Company Secretary and re-appointment of the Managing Director indicate continued corporate governance stability. The cost auditor re-appointment is a routine compliance matter. The reorganization of senior management reporting structure is administrative in nature and does not indicate any operational concerns.