EPACK to sell full 50% stake in Epavo joint venture to Ram Ratna Wires
EPACK · price
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On the reaction day the stock moved 9.0 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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EPACK Durable will sell its full 50% stake in Epavo Electricals to Ram Ratna Wires under a share purchase agreement signed on October 29, 2026. Epavo makes brushless DC motors and air-movement products. After closing, EPACK's stake will become nil and Epavo will cease to be a joint venture. The sale value was not disclosed. EPACK booked a Rs 712.60 lakh impairment because the agreed value was below the carrying value of its investment.
Once closed, the exit removes EPACK's share of Epavo gains or losses, but the Rs 712.60 lakh impairment may weigh on sentiment.