Shares of Epack Durable Limited rose 1.73% to ₹386.20 on Monday after the company clarified that the recent search proceedings at its Dehradun facility were peacefully concluded with no allegations proved.
The Office of Additional Commissioner (Departmental), State Tax, Uttarakhand, had conducted the search on August 30, 2025. According to the company, the authority issued an order of peaceful completion on the same day, seizing only two goods and three registers for general reference purposes.
Epack also stated it had made a precautionary deposit of ₹25 lakh each towards CGST and SGST, though the amount is not confirmed as due. The company plans to file for a refund of the same in due course. It further clarified that there is no financial or operational impact on its business from the search.
The stock has traded between ₹378.40 and ₹386.20 so far in the session, with a market capitalization of ₹36,580 crore.