EPACK Durable Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 23, 2025 regarding Appointment of Executive Director & Group CFO.
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EPACK Durable Limited's board, at its meeting on June 23, 2025, appointed Mr. Narayan Lodha (DIN: 02338333) as Additional Director in the Executive Director category, designated as Executive Director & Group CFO, effective the same day. Mr. Lodha, aged about 48, is a qualified Chartered Accountant and Company Secretary with over two decades of experience in corporate finance, including fund raising through IPOs, private equity, strategic placements, and debt. He previously served as CFO at Vikram Solar Ltd. and INOX Wind Limited. The appointment was made on the recommendation of the Nomination and Remuneration Committee, and he is not debarred from holding office by SEBI or any other authority.
This appointment strengthens the company's top management with a seasoned finance professional, which may boost investor confidence in financial strategy and governance. Shareholders should view this as a positive leadership addition with no immediate negative implications.