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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above standalone financial results of EPACK Durable Limited (the 'Company'), for the quarter and six months ended September 30, 2024 have been prepared in accordance with the Indian Accounting Standard (referred to as  Ind AS ) prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time and accounting principles generally accepted in India and in compliance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirement Regulations, 2015, as amended.   The above standalone financial results for the quarter and six months ended September 30, 2024 were reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on November 12, 2024.      2. The standalone financial results for the quarter and six months ended September 30, 2023 have been approved by the Company's Board of Directors, but have not been subjected to limited review. The Management has exercised necessary diligence to ensure that the standalone financial results for this period provide a true and fair view of the Company's affairs.         3.During the previous year ended March 31, 2024, the Company had announced the Employee Stock Option Scheme 2023 ('ESOP Scheme') which was approved by the Shareholders of the Company at the General Meeting held on July 29, 2023. The maximum number of Employee stock options under this Scheme shall not exceed 15,68,148 employee stock options where one employee stock option would convert into one equity share of face value of Rs 10 each. Under this Scheme, 9,83,863 options has been granted to the eligible employee of the Company at exercise price of Rs 152 per option. Options shall vest over a period of 4 years from the date of grant i.e. 25% every year. Exercise period for vested options is 4 years from the date of final vesting of Options.    During the quarter ended September 30, 2024 the company issued 1,69,038 equity shares on exercise of ESOP's and has received Rs 256.94 lakhs from employees.      4. The business of the Company is seasonal in nature, hence the results for the quarter and six months ended September 30, 2024 is not fully comparable with those for the preceding period.      5. The full format of the quarterly and half yearly financial results are available on the stock exchange website www.nseindia.com, www.bseindia.com and on the company website wwww.epackdurable.com</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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