EPACK Durable Limited has informed the exchange regarding incorporation of Wholly Owned Subsidiary of the Company.
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EPACK Durable Limited has incorporated a new wholly owned subsidiary named 'EPACK Electronic Component Private Limited' (EECPL), with the Certificate of Incorporation issued by the MCA on July 23, 2025. The new entity has an authorized and paid-up share capital of ₹1,00,000, divided into 10,000 equity shares of ₹10 each, fully held by the company through cash subscription. EECPL will operate in the manufacturing industry, focusing on display module sub-assembly (Film on Glass and Chip on Glass processes) and camera module sub-assembly, which are adjacent to EPACK's existing electronics/durables business. The subsidiary is yet to commence business, and two promoter group members will serve as directors on its board.
This is a small, strategic expansion into electronic component manufacturing (display and camera modules), which complements EPACK Durable's core business. Since the new entity is freshly incorporated with minimal capital and no operations yet, there is no immediate material impact on financials or stock price, but it signals the company's intent to diversify vertically in the electronics manufacturing space.