Investment29 Aug 2025, 06:22 pm
EPACK Durable Invests INR 39.99 Crore in Wholly Owned Subsidiary EPACK Manufacturing Technologies
AI Summary
EPACK Durable Ltd. has invested INR 39.99 Crore in its wholly owned subsidiary, EPACK Manufacturing Technologies Private Limited (EMTPL). The investment is through a right issue of 99,90,000 equity shares at par. EMTPL is engaged in the manufacturing of Air Conditioners and home appliances. This investment is aimed at business growth and is in line with SEBI regulations.
Key Highlights
- EPACK Durable invests INR 39.99 Crore in its wholly owned subsidiary, EPACK Manufacturing Technologies
- Investment made through a right issue of 99,90,000 equity shares at par
- EMTPL is engaged in the manufacturing of Air Conditioners and home appliances
- This investment is aimed at business growth
- In line with SEBI regulations