EPL Limited , a global leader in sustainable packaging, has announced a significant leadership change. Anand Kripalu, the current Managing Director and Global CEO, will retire from his executive responsibilities at the end of 2025. Hemant Bakshi, an industry veteran with over 30 years of experience in the FMCG sector, has been appointed as the CEO-Designate and will take over the reins from January 1, 2026.

Leadership Transition Details

Kripalu will continue to support the transition as a Non-Executive Director until March 31, 2026, after which he will remain on the board in a non-executive capacity.

Company Performance Under Kripalu's Leadership

During Kripalu's tenure, EPL has seen significant improvements:

• Margin expansion of 500 basis points over 12 quarters
• Beauty & Cosmetics and Personal Care now contribute over 50% of revenue
• Geographic expansion into Brazil and Thailand
• Achieved EcoVadis Platinum status, ranking in the top 1% of 150,000 assessed companies globally

Future Outlook

EPL has set ambitious targets for the future:

• Double-digit revenue growth
• Improving Return on Capital Employed (ROCE) from 18% to over 25% by FY 2029

About Hemant Bakshi

Hemant Bakshi brings a wealth of experience to his new role:

• Over 30 years in the FMCG industry
• Former CEO of Unilever Indonesia, a $3 billion public listed business
• Founded GroNext Technologies, a Unilever-funded B2B marketplace venture
• Alumni of IIT Mumbai and IIM Ahmedabad

Strategic Continuity

Both Kripalu and Bakshi have emphasized that the current strategy will continue seamlessly under the new leadership. The transition is being managed to ensure no disruption in momentum and continued strong performance.

Investor Conference Call

EPL Limited held an investor conference call on October 13, 2025, to discuss the leadership transition. During the call, Kripalu highlighted the company's achievements and expressed confidence in Bakshi's ability to lead EPL to greater heights. Bakshi, in turn, acknowledged the strong foundation laid by Kripalu and expressed his commitment to building on it.

This leadership change marks a new chapter for EPL Limited as it continues its journey as a global leader in sustainable packaging, partnering with leading consumer brands and driving innovation in the industry.

EPL Limited (formerly known as Essel Propack Limited), a leading global specialty packaging company, has announced the issuance and allotment of commercial paper worth ₹55 crore. This move signifies the company's efforts to optimize its short-term funding strategy and manage its working capital efficiently.

Commercial Paper Details

The company disclosed the following details about the commercial paper issuance:

Key Highlights

• The commercial paper has been issued with a three-month tenure, maturing on December 3, 2025.
• EPL is in the process of listing the commercial paper on the National Stock Exchange of India Limited.
• The company clarified that while this information is being disclosed as per regulatory requirements, the allotment is not considered material to the company's operations.

Regulatory Compliance

EPL made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The information has been made available on the company's official website.

This issuance of commercial paper demonstrates EPL's active management of its financial resources and its ability to access short-term funding at competitive rates. It also reflects the company's strategy to maintain financial flexibility in its operations.

Investors and stakeholders can find more information about this issuance on EPL's website at https://www.eplglobal.com/ .