EPACK Durable

** Shares of India's EPACK Durable EPAC.NS jump as much as 5.3%, last up 2.62% at 238.79 rupees

** Co secures Andhra Pradesh government's approval for combined 10.84 billion rupees ($114.08 million) investment by co and its unit under state's electronics manufacturing policy

** Proposed investment will expand manufacturing capacity for air conditioners, washing machines, televisions and other home appliances

** Co says project is expected to create about 1,600 jobs and support its long-term manufacturing expansion plans

** YTD stock down 15.5%

($1 = 95.0200 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

EPACK Durable Limited said on Tuesday it had received a government order from the Government of Andhra Pradesh approving a tailor-made incentives package under the state's electronics manufacturing policy. The package covers a combined proposed investment of ₹1,084.31 crore by the company and its subsidiary EMTPL, including a 50% capital subsidy on eligible fixed investment, other policy incentives and the allotment of 36.41 acres in Sri City at ₹60 lakh per acre. EPACK's own investment is pegged at ₹314.31 crore for an air conditioner, components and small domestic appliances facility. The company had intimated its intent to apply for incentives in November 2025, and the approval extends benefits to investments made after November 2024.

Powered by Tijori

June 30 (Reuters) - Epack Durable Ltd EPAC.NS:

• GETS ORDER FROM ANDHRA PRADESH GOVERNMENT WITH PROPOSED INVESTMENT OF ABOUT 3.14 BILLION RUPEES

Source text: [ID:]

Further company coverage: EPAC.NS

(([email protected];))

June 12 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - TAX DEMAND REDUCED TO 58.9 MILLION RUPEES FROM 290.3 MILLION RUPEES

Source text: ID:nNSE4zM5JX

Further company coverage: EPAC.NS

(([email protected];))

May 19 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - RECEIPT OF ENTITLEMENT CERTIFICATES UNDER RIPS 2024 FOR TURNOVER LINKED INCENTIVE

Source text: ID:nBSE2XkcB2

Further company coverage: EPAC.NS

(([email protected];))

April 23 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE LTD - NARAYAN LODHA RESIGNS AS EXECUTIVE DIRECTOR AND GROUP CFO EFFECTIVE APRIL 30, 2026

Source text: ID:nBSEbTcGH6

Further company coverage: EPAC.NS

(([email protected];))

March 30 (Reuters) - Epack Durable Ltd EPAC.NS:

• INCENTIVE OF 375 MILLION RUPEES APPROVED UNDER PLI SCHEME

Source text: ID:nNSE1xFYkv

Further company coverage: EPAC.NS

(([email protected];))

March 11 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE LTD - RECEIVES COMMUNICATIONS ON POSSIBLE GAS AVAILABILITY CONSTRAINTS

• EPACK DURABLE LTD - TEMPORARILY STOPS CERTAIN PRODUCTION FOR WEST ASIA MARKET

• EPACK DURABLE LTD - DOES NOT ANTICIPATE MATERIAL IMPACT ON OVERALL OPERATIONS

• EPACK DURABLE LTD - MONITORING SITUATION AND EVALUATING ALTERNATIVES FOR MANUFACTURING CONTINUITY

Source text: ID:nBSE5hnhkG

Further company coverage: EPAC.NS

(([email protected];;))

Jan 20 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE LTD DEC-QUARTER CONSOL NET PROFIT 25.9 MILLION RUPEES

• EPACK DURABLE LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.28 BILLION RUPEES

Source text: ID:nNSE2YbZbx

Further company coverage: EPAC.NS

(([email protected];;))

Dec 23 (Reuters) - Epack Durable Ltd EPAC.NS:

• APPROVED SETTING UP ANOTHER NEW FACILITY AT BHIWADI

• FILES COMPLAINT AGAINST GANGNAM STEEL FOR NON-PAYMENT OF 196.1 MLN RUPEES

Source text: ID:nnAZN4RITSD

Further company coverage: EPAC.NS

(([email protected];;))

Aug 29 (Reuters) - Epack Durable Ltd EPAC.NS:

• SEARCH PROCEEDINGS BY ADDITIONAL COMMISSIONER STATE TAX FOR CO’S UNIT AT UTTARAKHAND

• NO IMPACT QUANTIFIABLE AT THIS STAGE BY SEARCH PROCEEDINGS

Further company coverage: EPAC.NS

(([email protected];;))

July 25 (Reuters) - Epack Durable Ltd EPAC.NS:

• PARTNERS WITH BUMJIN FOR SMART AUDIO GROWTH

Source text: ID:nNSEDd2KZ

Further company coverage: EPAC.NS

(([email protected];;))

July 24 (Reuters) - Epack Durable Ltd EPAC.NS:

• SIGNS JV AGREEMENT WITH BUMJIN ELECTRONICS

• JV TO MANUFACTURE AND SELL TV SPEAKERS, SOUNDBARS, AI SPEAKERS

Source text: ID:nBSE5xqFgR

Further company coverage: EPAC.NS

(([email protected];;))

** Shares of Epack Durable Ltd EPAC.NS slide 7.1% to 354.20 rupees, look set for worst day since February 3

** Air conditioner (AC) designer and manufacturer reported 2.2% decline in first-quarter profit on Saturday, as unseasonal rains in the summer hurt demand for ACs

** Quarterly revenue fell 14.4%, led by a 34% revenue drop in EPAC's room AC segment

** Stock extends YTD losses to ~36%

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** Shares of Epack Durable Ltd EPAC.NS rise as much as 2.9% to 359.50 rupees
** Electronics items maker commences commercial production of washing machines at its Sri City plant in Andhra Pradesh to utilize its enhanced capacity
** Stock on track to gain for 2nd straight day
** EPAC last up 2.7%, cutting YTD losses to 36.8%

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Shares of Epack Durable Ltd EPAC.NS rise as much as 2.4% to 365.25 rupees
** Consumer durables maker says it is in processof adding more capacity for new product - washing machines
** Adds, proposed capacity addition of 600,000 units per year at investment of 500 million rupees ($5.8 million)
** More than 425,000 shares traded as of 1:58 p.m. IST, more than half of their 30-day moving avg of 709,781 shares
** EPAC last up 1%, cutting YTD losses to 35.5%

($1 = 86.5190 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Shares of Epack Durable EPAC.NS, PG Electroplast PGEL.NS and Amber Enterprises AMBE.NS up between 2%-5%

** Room air conditioners and electronics manufacturing services sectors poised for significant expansion due to favorable macro trends and shift toward domestic electronic goods makers, analyst at Nirmal Bang says

** Brokerage initiates coverage on EPAC with "buy" rating, sets PT of 504 rupees; says co offers reasonable valuations and growing original design manufacturer presence

** Nirmal Bang also initiates coverage on PGEL and AMBE with "hold" ratings; says both cos are fundamentally strong but trade at premium valuations

** Sets PT of 863 rupees and 6,910 rupees on PGEL and AMBE, respectively

** EPACK has most attractive risk-reward opportunity, while PGEL and AMBE are better suited for long-term investment - Nirmal Bang

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Epack Durable EPAC.NS jumps 5% to 376.3 rupees

** Co gets approval to disburse second tranche of incentive worth 300 mln rupees ($3.5 mln) under production-linked incentive (PLI) scheme for white goods for FY24

** Makes requisite investments as per terms of PLI approval in manufacturing of room air conditioner components segment

** More than 800,000 shares traded, surpassing six-month daily avg volume

** EPAC down 32% YTD

($1 = 85.9510 Indian rupees)

(Reporting by Vivek Kumar M)

(([email protected];))

Jan 31 (Reuters) - Epack Durable Ltd EPAC.NS:

• DEC-QUARTER CONSOL NET PROFIT 25.1 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.77 BILLION RUPEES

Source text: [ID:]

Further company coverage: EPAC.NS

(([email protected];;))

Jan 30 (Reuters) - Epack Durable Ltd EPAC.NS:

• RECEIVES 7.8 MILLION RUPEES INCENTIVE UNDER M-SIPS SCHEME OF GOVERNMENT

Source text: ID:nBSE78N9js

Further company coverage: EPAC.NS

(([email protected];;))

** Shares of air conditioner manufacturer EPACK Durable EPAC.NS down the exchange-allowed maximum of 5% to 568.45 rupees, set to fall for a third straight session

** Overall, 673,821 shares traded in 5 block deals on NSE at a discount ranging between 4.7% to 5% - LSEG data

** Trading vols at 1.6 mln shares, more than 2x the 30-day average

** EPAC set to snap 6-week gaining streak, down ~9% during the week

** Stock more than doubled since its trading debut in January last year

(Reporting by Vijay Malkar)

(([email protected];))

** Epack Durable EPAC.NS climbs 4.2% to 497.7 rupees

** Brokerage ICICI Securities starts with "buy"; sets TP of 555 rupees - 16.2% premium to Tuesday's close

** Says home appliances maker's room air conditioners (RAC) segment posed for robust growth; strong capacity additions will help co capitalise on demand tailwinds

** Adds EPAC's entry into small and large domestic appliances will lead to higher margins and buck seasonality-led impact in RAC segment's profitability

** Expects 52.2% CAGR over FY24-27

** Stock sees most active session in over a month, with volumes at 2.5x the 30-day avg

** EPAC up 125% since listing on Jan. 30

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Indian home appliance maker Epack Durable EPAC.NS hits lower circuit; down 5% to 425.80 rupees

** Co on Tuesday said the office of the Commissioner of Customs initiated a search at its Bhiwadi manufacturing facility in Rajasthan state

** The officials concluded the search without seizing any documents or items

** Stock set to snap four straight sessions of gains

** EPAC up ~115% YTD since its listing on Jan. 30

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Dec 3 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - SIIB OFFICIALS CONCLUDED VISIT WITHOUT SEIZING ANY DOCUMENTS OR ITEMS

Further company coverage: EPAC.NS

(([email protected];))

** Epack Durable EPAC.NS climbs exchange-allowed upper circuit of 5% to 408.55 rupees

** Home appliances maker signs deal with Shenzhen-listed Hisense 000921.SZ to set up manufacturing facility in India to produce Hisense's air conditioners and home appliances

** EPAC will invest in new manufacturing facility in Andhra Pradesh, with initial production set to begin in June 2025

** Co did not disclose deal amount and investment required

** Overall 677,423 shares traded, 0.2x 30-day average

** EPAC up ~85% since its listing on Jan. 30

(Reporting by Vijay Malkar)

(([email protected];))

July 24 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - WILL INVEST 143.6 MILLION RUPEES TO ACQUIRE ADDITIONAL 24% STAKE IN EPAVO

Source text for Eikon: ID:nNSE2vM2xd

Further company coverage: EPAC.NS

(([email protected];))

** Shares of India's Epack Durable EPAC.NS down 4.5% after falling as much as 6% earlier in the session

** Electrical equipment maker's Q4 consol net profit dropped 16.6% y/y, revenue slid 17.7% y/y

** So far stock has shed 18.8% since listing in end-Jan

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

May 28 (Reuters) - Epack Durable Ltd EPAC.NS:

• MARCH-QUARTER CONSOL NET PROFIT 278.3 MILLION RUPEES VERSUS 333.5 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.26 BILLION RUPEES VERSUS 6.39 BILLION RUPEES

Further company coverage: EPAC.NS

(([email protected];))

April 2 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - RECEIVES INCENTIVE UNDER PRODUCTION LINKED INCENTIVE SCHEME FOR WHITE GOODS

• EPACK DURABLE - RECEIVED 1ST INCENTIVE OF 150 MILLION RUPEES FOR FY 2022-23, UNDER PLI SCHEME

Source text for Eikon: ID:nBSE7Mk7p8

Further company coverage: EPAC.NS

(([email protected];))

** Shares of Epack Durable EPAC.NS up 6.3% at 197.85 rupees

** EPAC logs biggest intraday pct gain since listing on Jan. 30

** The room air conditioners designer and manufacturer reported consolidated net profit of 48.9 mln rupees ($589,043.08) for the Dec-qtr vs loss of 62.5 mln rupees a year ago

** Revenue from operations rose 1.3%

** Stock on track for a third consecutive session of gains, if trend holds

($1 = 83.0160 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))