EPACK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
EPACK Durable has informed stock exchanges that a State Tax search at its Dehradun manufacturing location has been peacefully concluded on August 30, 2025, with no allegations proven against the company. The Office of the Additional Commissioner (Departmental), State Tax, Uttarakhand issued an order of peaceful completion of the search proceedings. While the authority seized 2 units of goods and 3 registers for general reference, no contravention of the Act was confirmed during the search. The company has precautionary deposited Rs. 25 lakh towards CGST and Rs. 25 lakh towards SGST (total Rs. 50 lakh), which it says is not yet confirmed as due, and it will file for a refund in due course. No other financial or operational impact has been quantified at this stage.
The outcome is broadly reassuring for shareholders since no tax violations were proven and the precautionary deposit of Rs. 50 lakh is relatively small. Investors should monitor for any follow-up notices or final orders from the tax authority that could create additional liability.