EPL Limited Completes Leadership Transition as Hemant Bakshi Takes Charge as MD & CEO
EPL Limited has formalized its leadership transition through regulatory disclosure, with Hemant Bakshi officially assuming the role of Managing Director & Global CEO from January 1, 2026, for a five-year term subject to shareholder approval. Anand Kripalu has transitioned to Executive Director until March 31, 2026, completing the planned succession process.

*this image is generated using AI for illustrative purposes only.
EPL Limited , a global leader in sustainable packaging, has officially completed its planned leadership transition with Hemant Bakshi taking charge as Managing Director & Global CEO from January 1, 2026. The company filed a regulatory disclosure with BSE and NSE confirming the board changes under Regulation 30 of SEBI LODR Regulations.
Leadership Transition Completed
The leadership transition has been formalized with the following changes:
| Position | Details | Effective Date |
|---|---|---|
| Managing Director & Global CEO | Hemant Bakshi (DIN: 02362738) | January 1, 2026 |
| Executive Director | Anand Kripalu (DIN: 00118324) | Until March 31, 2026 |
| Term Duration | 5 years (subject to shareholder approval) | January 1, 2026 |
Bakshi has joined the board as an Additional Director and will serve as Managing Director & Global CEO for a term of five years, subject to shareholder approval. Meanwhile, Anand Kripalu has transitioned from his role as Managing Director to Executive Director, continuing until March 31, 2026.
Company Performance Under Previous Leadership
During Kripalu's tenure as Managing Director and Global CEO, EPL achieved significant milestones:
| Achievement | Details |
|---|---|
| Margin Expansion | 500 basis points over 12 quarters |
| Revenue Contribution | Beauty & Cosmetics and Personal Care over 50% |
| Geographic Expansion | Entry into Brazil and Thailand markets |
| Sustainability Rating | EcoVadis Platinum status (top 1% globally) |
Strategic Targets and Future Outlook
EPL has established ambitious growth targets under the new leadership:
| Target | Current | Goal | Timeline |
|---|---|---|---|
| Revenue Growth | - | Double-digit | Ongoing |
| ROCE Improvement | 18% | Over 25% | By FY 2029 |
About the New Leadership
Hemant Bakshi brings extensive FMCG industry experience to his new role:
- Over 30 years in the FMCG sector
- Former CEO of Unilever Indonesia ($3 billion public listed business)
- Founder of GroNext Technologies (Unilever-funded B2B marketplace)
- Alumni of IIT Mumbai and IIM Ahmedabad
Regulatory Compliance
The company has fulfilled all regulatory requirements for the leadership change, with the information disclosed under Regulation 30 of SEBI LODR Regulations. The transition details are also available on the company's official website at eplglobal.com.
This leadership transition marks the completion of a carefully planned succession process, ensuring continuity in EPL's strategic direction as a global leader in sustainable packaging solutions.
Historical Stock Returns for EPL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.27% | -3.40% | +3.39% | -9.82% | -22.60% | -19.26% |






































