Epavo Electricals Private Limited was incorporated on August 26, 2020, as a private company limited by shares, with its registered office at Ram Ratna House, Victoria Mill Compound,PandurangBudhkar Marg, Worli, Mumbai– 400 013. The Company founded through a strategic Joint Venture Agreement (“JVA”) between Ram Ratna Wires Limited (“RRWL”) and Ennov Techno Tools Private Limited (“Ennov”)on August 25,2020, with the initial shareholding structure of 74:26.

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On July 16, 2022, Ennov transferred its entire shareholding to EPACK Durable Limited (“EPACK”),a new joint venture partner, pursuant to a Deed of Adherence. This markeda significant transition,bringing EPACKon board as a key stake holder.

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Subsequently, on September 30, 2024, in line with a Memorandum of Understanding,a Deed of Amendmentto the original JVA was executedwhich led to both joint venture partners to hold equal control and ownershipin Epavo, with a 50:50 share holding ratio.This equal partnership underscores the commitment of both parties to the long-term growthand success of the company.

With its foundation rooted in a strong partnership, Epavo is well-positioned to continue advancing in the electrical solutions sector, offering innovative and high quality products and services.