EPL Limited , a leading global specialty packaging company, has announced that its shareholders have approved the appointment of Mr. Aloke Lohia as a Non-Executive, Non-Independent Director with an overwhelming majority. The decision was made through a postal ballot conducted via remote e-voting, which concluded on August 17, 2025.

Voting Results

The resolution to appoint Mr. Lohia received strong support across all shareholder categories:

The voting process saw a significant participation rate, with 79.23% of the total 31.97 crore shares taking part in the ballot. Out of the 25.33 crore votes cast, an overwhelming 99.71% were in favor of Mr. Lohia's appointment.

Appointment Details

Mr. Aloke Lohia, holding Director Identification Number 11107239, will serve as a Non-Executive, Non-Independent Director of EPL Limited. His appointment is effective from May 27, 2025, and he will be liable to retire by rotation.

Voting Process

The remote e-voting period commenced on July 19, 2025, at 9:00 AM and concluded on August 17, 2025, at 5:00 PM. The process was conducted in compliance with the Companies Act, 2013, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Mehul Pitroda, Proprietor of M S Pitroda & Co., Practicing Company Secretary, served as the scrutinizer for the voting process, ensuring its fairness and transparency.

Company Statement

Onkar Ghangurde, Head - Legal, Company Secretary & Compliance Officer of EPL Limited, confirmed the voting results in a statement to the stock exchanges. He noted that the resolution was passed with the requisite majority and that the detailed voting results and scrutinizer's report would be available on the company's website.

This appointment of Mr. Aloke Lohia as a Non-Executive Director is expected to bring valuable expertise to EPL Limited's board, potentially contributing to the company's strategic direction and growth in the specialty packaging sector.

EPL Limited , a leading global specialty packaging company, has reported robust financial results for the first quarter of fiscal year 2026, while also announcing strategic expansions in Thailand and Brazil.

Strong Financial Performance

EPL Limited delivered impressive financial results for Q1 FY26, with consolidated revenue from operations growing by 10.0% year-over-year to Rs. 11,079.00 million. The company's EBITDA margin expanded by 140 basis points to 20.5%, resulting in an 18.1% increase in absolute EBITDA to Rs. 2,268.00 million. Net profit after tax surged by 55.8% to Rs. 1,014.00 million, translating to a significant improvement in earnings per share from Rs. 2.02 in Q1 FY25 to Rs. 3.13 in Q1 FY26.

Regional Performance

The company witnessed growth across all its geographical segments:

Strategic Focus on 'Personal Care & Beyond'

EPL's strategic shift towards the 'Personal Care & Beyond' category continues to yield positive results. This segment, which includes Beauty & Cosmetics and Pharma, grew by 27.9% in Q1 FY26, now contributing 54% to the company's tube revenue. The Beauty & Cosmetics (B&C) category, in particular, demonstrated strong momentum with a 35% growth.

Expansion Initiatives

Thailand Operations

EPL Limited has invested Rs. 153.00 million in a newly incorporated wholly-owned subsidiary named EPL Packaging (Thailand) Co., Ltd. The Thailand greenfield plant is on track for commercialization by the second half of FY26, which is expected to accelerate growth in the East Asia Pacific region.

Brazil Expansion

The company has made a significant investment of Rs. 1,500.00 million (approximately USD 16.99 million) in EPL Brasil Ltda., its wholly-owned subsidiary in Brazil. This investment, which will result in the acquisition of additional shares, aims to strengthen EPL's presence in the Brazilian market and support the subsidiary's financial outlook. The Brazil capacity expansion was completed towards the end of Q1 FY26.

Sustainability Initiatives

EPL Limited continues to make strides in sustainability, with over one-third of its portfolio now comprising sustainable tubes. The company has retained its top 'A' rating in supplier engagement for the third consecutive year and received the highest rating (A) in CDP's Climate Change and Water Security assessment for 2024.

Management Commentary

Anand Kripalu, Managing Director & CEO, commented on the results, stating, "We have delivered a strong start to FY26 with double-digit revenue growth and significant margin expansion. Our strategic focus on the 'Personal Care & Beyond' category and expansion initiatives in Thailand and Brazil position us well for sustained growth. We remain committed to our sustainability goals and are pleased with the progress we've made in this area."

Looking Ahead

With its strong financial performance, strategic expansions, and focus on sustainability, EPL Limited appears well-positioned for continued growth. The company's management anticipates acceleration in the second half of FY26 through the ramp-up of their Thailand plant operations and expansion in Brazil, while continuing its strategic shift toward a high-margin, sustainable product portfolio.