<h1>EPACK Durable Limited Enters Agreement with Adfactors PR for Public Relations Services</h1>
EPACK Durable Limited has finalized an agreement with Adfactors PR Private Limited to manage and procure public relations services. The arrangement focuses on providing professional PR support to the company, as per terms outlined in the executed contract.
The agreement details specify the purpose of engaging Adfactors PR Private Limited, stating that the entity will be utilized "For availing Public Relations services."
Regarding the contractual relationship, key financial and structural parameters have been established:
| Particulars | Details |
|---|---|
| Parties to Agreement | EPACK Durable Limited and Adfactors PR Private Limited |
| Purpose of Agreement | Availing Public Relations services |
| Shareholding in Agency | Nil |
| Relationship with Promoter Group | No |
| Transaction Status | Not a Related Party Transaction |
The terms of the agreement include statements indicating that there are no significant terms, such as special rights like the right to appoint directors or first right to share subscription, which would restrict changes in capital structure. Furthermore, it was confirmed that neither party involved in the agreement holds a relationship with the Promoter or Promoter Group of EPACK Durable Limited.
The transaction has been confirmed not to fall under Related Party Transactions standards, and there were no details provided regarding the issuance of shares to either party.
EPACK Stock Price Movement
On Friday, shares of EPACK Durable Limited slipped to close at ₹229.59 after shedding 0.99%. The stock traded on a volume of 225,525 shares, finishing near the day’s low of ₹229.01.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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