In a move that underscores its commitment to governance and data security, EPACK Durable Limited announced a leadership change, confirming the removal of Maneesh Bahuguna, Senior Vice President (R&D & Sourcing), effective at the close of business on August 21, 2026. The decision followed internal findings related to non-compliance with data handling and confidentiality protocols, as laid out in his employment agreement and the company’s code of conduct. The company stated that Bahuguna’s employment has been terminated and that immediate remedial measures were taken to secure the affected data.
The departure represents a significant shift at the executive level responsible for research and development as well as procurement, both of which are pivotal to product development and supplier networks. With Bahuguna’s exit, EPACK Durable faces the task of stabilizing leadership in these critical areas while continuing to manage information security and data governance in a highly competitive environment.
Approved by the board on the recommendation of the Nomination and Remuneration Committee, the move is presented as a governance-led response aligned with the company’s compliance framework. The filing notes there are no announced replacements at this time, signaling a transitional phase as the organization assesses next steps for these functions.
At this stage, EPACK Durable is prioritizing data security and operational continuity, with plans to address leadership coverage as part of its ongoing transition.