EPACK Durable Limited has informed the exchange regarding incorporation of Wholly Owned Subsidiary in Dubai
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EPACK Durable Limited has set up a wholly owned subsidiary in Dubai called 'EPACK Durable Global Sales L.L.C-FZ' under the Meydan Freezone, incorporated on September 26, 2025. The new entity has an authorized and paid-up capital of AED 1,00,000 (about ₹23 lakh), divided into 10,000 equity shares of AED 10 each, all held by the company. The subsidiary will operate in non-specialized wholesale trade, and the company will subscribe to its share capital in cash. The purpose is to drive international business growth. Managing Director & CEO Mr. Ajay DD Singhania will serve as Director and Manager of the new entity, making this a related party transaction.
This is a small, strategic step toward expanding EPACK Durable's international footprint through a wholly owned Dubai-based sales arm. The financial commitment is minimal, so near-term impact on the stock is limited, but it signals management's intent to grow overseas revenue over time.