FilingReader Intelligence

Epack Durable establishes Dubai subsidiary to boost international sales

September 29, 2025 at 08:49 AM UTCBy FilingReader AI

Epack Durable Limited, an Indian manufacturer, has established a wholly owned subsidiary named "EPACK DURABLE GLOBAL SALES L.L.C- FZ" under the Meydan Freezone, Dubai. This new entity was incorporated on September 26, 2025. The subsidiary has an authorized and paid-up capital of AED 100,000, divided into 10,000 equity shares of AED 10 each, with the entire capital held by Epack Durable Limited.

The primary object of this acquisition is to drive business growth in the international market, focusing on the wholesale of a variety of goods. Ajay DD Singhania, managing director and chief executive of Epack Durable Limited, also serves as a director and manager in Epack Global, indicating direct involvement of the parent company's leadership.

As a wholly owned subsidiary, Epack Global is considered a related party transaction. The establishment of this new entity signifies Epack Durable's expansion into global markets, with 100% subscription to the equity share capital completed via a cash consideration.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:EPACKBombay Stock Exchange

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