EPL logo

EPL CEO, MD, chairman, board of directors and AGM

NSE: EPLBSE: 500135Industrial ProductsSmall Cap

Formerly Essel Propack
Last close ₹221.81down ₹3.97 (1.76%)BSE ₹221.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹225.78.

52-week range of traded prices to 23 Oct 2026
₹176.40Low, 16 Mar 2026₹274.03High, 21 Aug 2026
Market cap
₹7,116 Cr684th largest listed
P/E
18.4
P/B
2.5
Dividend yield
1.13%
ROE
14.9%
ROCE
16.6%
Debt to equity
0.25
Volume, NSE
15,46,22348.4% delivered

EPL board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonDavinder Singh Brar
  • Managing director and CEOHemant Bakshi
  • Company Secretary and Compliance OfficerOnkar Ghangurde

9 directors3 independent1 executive5 non-executive

  • Davinder Singh Brar · ChairpersonIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sharmila Abhay KarveIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 5 as chair
  • Shashank SinhaIndependent · joined Sep 2023 · reappointed Sep 2023 · 33 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Anand KripaluNon-executive · joined Aug 2021 · 4 listed boards · 3 as independent · 5 committee seats, 1 as chair
  • Amit DixitNon-executive · joined Aug 2019 · 3 listed boards
  • Dhaval Jitendra BuchNon-executive · joined Apr 2021 · 1 listed board
  • Animesh AgrawalNon-executive · joined Aug 2019 · 2 listed boards · 3 committee seats, 2 as chair
  • Aloke LohiaNon-executive · joined May 2025 · 1 listed board
  • Hemant Bakshi · Managing director and CEOExecutive · joined Jan 2026 · 1 listed board · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Ayshwarya Vikram, left 31 Dec 2025: Others
  • Aniket Damle, left 11 Nov 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 May 20268 of 9 present3 independent · 11 days in between
    • 14 May 20267 of 9 present3 independent · 43 days in between
    • 31 Mar 20269 of 9 present3 independent · 1 day in between
    • 29 Mar 20269 of 9 present3 independent · 43 days in between
    1 earlier meeting
    • 13 Feb 20267 of 9 present3 independent

  • Audit Committee

    Chair Sharmila Abhay Karve

    Davinder Singh Brar, Animesh Agrawal

    • 14 May 20263 of 3 present2 independent · 45 days in between
    • 29 Mar 20263 of 3 present2 independent · 15 days in between
    • 13 Mar 20263 of 3 present2 independent · 27 days in between
    • 13 Feb 20262 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Shashank Sinha

    Amit Dixit, Davinder Singh Brar

    • 26 May 20262 of 3 present2 independent · 11 days in between
    • 14 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Animesh Agrawal

    Shashank Sinha, Hemant Bakshi

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Dhaval Jitendra Buch

    Murugappan Ramasamy, Animesh Agrawal, Anand Kripalu, Kamlesh Jain, Deepak Goyal, Shashank Sinha, Hemant Bakshi

    • 4 May 20265 of 5 present1 independent

  • Corporate Social Responsibility Committee

    Chair Davinder Singh Brar

    Animesh Agrawal, Dhaval Jitendra Buch

    • 14 May 20263 of 3 present1 independent · 9 days in between

  • Security Committee

    Chair Animesh Agrawal

    Anand Kripalu

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Walker Chandiok & Co LLPPeer-review certificate valid to May 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

EPL AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.EPL dividend history

Annual general meeting, 16 Sep 2026

96,820 shareholders on the register on 9 Sep 2026; present: 0 promoters and 58 others; votes counted by Dilip Bharadiya / M/s. Dilip Bharadiya & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.95% · promoters 0.00% · institutions 75.95% · other public 57.32%

  2. To re-appoint Mr. Animesh Agrawal (holding Director Identification Number: 08538625), who retires by rotation, and being eligible, has offered himself for re-appointment
    Ordinary
    96.50% for3.50% against

    Against: promoters 0.00% · institutions 6.53% · other public 0.01%

    Turnout: all 66.09% · promoters 0.00% · institutions 76.26% · other public 57.32%

  3. Ratification of Remuneration payable to the Cost Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.09% · promoters 0.00% · institutions 76.26% · other public 57.32%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Mar 2026, 3 resolutions

99,172 shareholders on the register on 20 Feb 2026; votes counted by Dilip Bharadiya / M/s. Dilip Bharadiya & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Anand Kripalu (holding Director Identification Number 00118324) as a Non-Executive, Non-Independent Director of the Company, with effect from April 1, 2026
    Ordinary
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 2.75% · other public 0.01%

    Turnout: all 78.22% · promoters 100.00% · institutions 78.51% · other public 65.63%

  2. Appointment of Mr. Hemant Bakshi (holding Director Identification Number 02362738) as a Director of the Company, with effect from January 1, 2026
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 1.22% · other public 0.01%

    Turnout: all 78.22% · promoters 100.00% · institutions 78.51% · other public 65.63%

  3. Appointment of Mr. Hemant Bakshi (holding Director Identification Number 02362738) as the Managing Director & Global Chief Executive Officer of the Company, for a term of five years with effect from January 1, 2026 to December 31, 2030MoreLess
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.10% · other public 0.01%

    Turnout: all 78.08% · promoters 100.00% · institutions 78.01% · other public 65.63%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 14 Dec 2025, 2 resolutions

1,17,800 shareholders on the register on 7 Nov 2025; votes counted by Mehul Pitroda / M S Pitroda & Co.The company's voting result (opens in a new tab)

  1. Approval of the ‘Employee Stock Option Scheme - 2025’
    Special
    83.13% for16.87% against

    Against: promoters 0.00% · institutions 62.00% · other public 0.06%

    Turnout: all 78.67% · promoters 100.00% · institutions 78.88% · other public 66.45%

  2. Approval of grant of Employee Stock Options to the employees of Subsidiary Company(ies), in India or outside India, under ‘Employee Stock Option Scheme - 2025’
    Special
    83.13% for16.87% against

    Against: promoters 0.00% · institutions 62.00% · other public 0.06%

    Turnout: all 78.67% · promoters 100.00% · institutions 78.88% · other public 66.45%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 9 Sep 2025, 6 resolutions

1,18,717 shareholders on the register on 2 Sep 2025; present: 1 promoter and 78 others; votes counted by Mehul Pitroda / M S Pitroda & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2025; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.40% · promoters 100.00% · institutions 77.43% · other public 66.57%

  2. To declare a Final Dividend of ₹ 2.50 per equity share of the face value of ₹ 2 each for the Financial Year ended on March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.49% · promoters 100.00% · institutions 77.75% · other public 66.56%

  3. To appoint a director in place of Mr. Amit Dixit (holding Director Identification Number 01798942), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    86.56% for13.44% against

    Against: promoters 0.00% · institutions 49.06% · other public 0.00%

    Turnout: all 78.47% · promoters 100.00% · institutions 77.68% · other public 66.56%

  4. Re-appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as the Statutory Auditors of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.49% · promoters 100.00% · institutions 77.75% · other public 66.56%

  5. Ratification of Remuneration payable to M/s. Jitendrakumar & Associates, the Cost Auditors
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.47% · promoters 100.00% · institutions 77.68% · other public 66.56%

  6. Appointment of M/s. Dilip Bharadiya & Associates, Practising Company Secretaries, as the Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.49% · promoters 100.00% · institutions 77.75% · other public 66.56%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Aug 2025, 1 resolution

1,16,620 shareholders on the register on 11 Jul 2025; votes counted by Mehul Pitroda / M S Pitroda & Co.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Aloke Lohia (holding Director Identification Number 11107239) as a Non- Executive, Non-Independent Director of the Company
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 1.00% · other public 0.02%

    Turnout: all 79.23% · promoters 100.00% · institutions 80.19% · other public 66.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 6 Feb 2025, 1 resolution

95,581 shareholders on the register on 3 Jan 2025; votes counted by Mehul Pitroda / M S Pitroda & Co..The company's voting result (opens in a new tab)

  1. Appointment of Ms. Ayshwarya Vikram (holding Director Identification Number 08153649) as a Non-Executive, Non-Independent Director of the Company
    Ordinary
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 2.02% · other public 0.03%

    Turnout: all 78.35% · promoters 100.00% · institutions 78.38% · other public 27.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Aug 2024, 6 resolutions

Present: 1 promoter and 74 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:n(a) the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2024; andn(b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2024,ntogether with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.84% · promoters 100.00% · institutions 81.41% · other public 31.37%

  2. To declare a Final Dividend of ¿ 2.30 per equity share of the face value of ¿ 2 each for the Financial Year ended on March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.86% · promoters 100.00% · institutions 81.52% · other public 31.37%

  3. To appoint a director in place of Mr. Dhaval Buch (holding Director Identification Number 00106813), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.18% · other public 0.03%

    Turnout: all 77.86% · promoters 100.00% · institutions 81.52% · other public 31.37%

  4. Ratification of Remuneration payable to the Cost Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 77.86% · promoters 100.00% · institutions 81.52% · other public 31.37%

  5. Re-appointment of Mr. Davinder Singh Brar (holding Director Identification Number: 00068502) as an Independent Director of the Company, for a second term of 5 (five) consecutive years
    Special
    97.99% for2.01% against

    Against: promoters 0.00% · institutions 8.61% · other public 0.04%

    Turnout: all 77.86% · promoters 100.00% · institutions 81.52% · other public 31.37%

  6. Re-appointment of Ms. Sharmila A. Karve (holding Director Identification Number: 05018751) as an Independent Director of the Company, for a second term of 5 (five) consecutive years
    Special
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 2.23% · other public 0.04%

    Turnout: all 77.86% · promoters 100.00% · institutions 81.52% · other public 31.37%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Nov 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. To appoint Mr. Shashank Sinha (holding Director Identification Number 02544431) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 80.56% · promoters 100.00% · institutions 82.33% · other public 34.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 16 Sep 2026, 5 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonMoreLess
    5 for0 against
  • To re-appoint Mr. Animesh Agrawal (holding Director Identification Number: 08538625), who retires by rotation, and being eligible, has offered himself for re-appointment
    5 for0 against
  • Ratification of Remuneration payable to the Cost Auditors
    5 for0 against

Mutual fund votes, meeting of 26 Mar 2026, 10 fund houses

  • Appointment of Mr. Anand Kripalu (holding Director Identification Number 00118324) as a Non-Executive, Non-Independent Director of the Company, with effect from April 1, 2026
    10 for0 against
  • Appointment of Mr. Hemant Bakshi (holding Director Identification Number 02362738) as a Director of the Company, with effect from January 1, 2026
    10 for0 against
  • Appointment of Mr. Hemant Bakshi (holding Director Identification Number 02362738) as the Managing Director & Global Chief Executive Officer of the Company, for a term of five years with effect from January 1, 2026 to December 31, 2030MoreLess
    10 for0 against
6 earlier meetings

Mutual fund votes, meeting of 14 Dec 2025, 10 fund houses

  • Approval of the ‘Employee Stock Option Scheme - 2025’
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, quant Mutual Fund
    • Angel One Mutual FundMode of implementation not decided as the Company may opt for direct implementation or through trust.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Mode of Implementation not decided as the Company may opt for direct implementation or through trust.
    • quant Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Mode of implementation not decided as the company may opt for direct implementation or through trust.
    5 for5 against
  • Approval of grant of Employee Stock Options to the employees of Subsidiary Company(ies), in India or outside India, under ‘Employee Stock Option Scheme - 2025’
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, quant Mutual Fund
    • Angel One Mutual FundMode of implementation not decided as the Company may opt for direct implementation or through trust.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundInterlinked with Resolution #1
    • quant Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Mode of implementation not decided as the company may opt for direct implementation or through trust.
    5 for5 against

Mutual fund votes, meeting of 9 Sep 2025, 10 fund houses

  • To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2025; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    10 for0 against
  • To declare a Final Dividend of ₹ 2.50 per equity share of the face value of ₹ 2 each for the Financial Year ended on March 31, 2025.
    10 for0 against
  • To appoint a director in place of Mr. Amit Dixit (holding Director Identification Number 01798942), who retires by rotation and being eligible, offers himself for re-appointment
    10 for0 against
  • Re-appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as the Statutory Auditors of the Company
    10 for0 against
  • Ratification of Remuneration payable to M/s. Jitendrakumar & Associates, the Cost Auditors
    10 for0 against
  • Appointment of M/s. Dilip Bharadiya & Associates, Practising Company Secretaries, as the Secretarial Auditors of the Company
    10 for0 against

Mutual fund votes, meeting of 17 Aug 2025, 10 fund houses

  • Appointment of Mr. Aloke Lohia (holding Director Identification Number 11107239) as a Non- Executive, Non-Independent Director of the Company
    10 for0 against

Mutual fund votes, meeting of 6 Feb 2025, 9 fund houses

  • Appointment of Ms. Ayshwarya Vikram (holding Director Identification Number 08153649) as a Non-Executive, Non-Independent Director of the Company
    9 for0 against

Mutual fund votes, meeting of 21 Aug 2024, 12 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt:n(a) the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2024; andn(b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2024,ntogether with the Reports of the Board of Directors and Auditors thereon.MoreLess
    11 for0 against
  • To declare a Final Dividend of ¿ 2.30 per equity share of the face value of ¿ 2 each for the Financial Year ended on March 31, 2024.
    11 for0 against
  • To appoint a director in place of Mr. Dhaval Buch (holding Director Identification Number 00106813), who retires by rotation and being eligible, offers himself for re-appointment
    11 for0 against
  • Ratification of Remuneration payable to the Cost Auditors
    11 for0 against
  • Re-appointment of Mr. Davinder Singh Brar (holding Director Identification Number: 00068502) as an Independent Director of the Company, for a second term of 5 (five) consecutive years
    11 for0 against
  • Re-appointment of Ms. Sharmila A. Karve (holding Director Identification Number: 05018751) as an Independent Director of the Company, for a second term of 5 (five) consecutive years
    11 for0 against
1 proposal not matched to one resolution
  • 1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2024; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon 2. To declare a Final Dividend of Rs; 2.30 per equity share of the face value of Rs; 2 each for the Financial Year ended on March 31, 2024. 3. To appoint a director in place of Mr. Dhaval Buch (holding Director Identification Number 00106813), who retires by rotation and being eligible, offers himself for re-appointment. 4. Ratification of Remuneration payable to the Cost Auditors 5. Re-appointment of Mr. Davinder Singh Brar (holding Director Identification Number: 00068502) as an Independent Director of the Company, for a second term of 5 (five) consecutive years 6. Re-appointment of Ms. Sharmila A. Karve (holding Director Identification Number: 05018751) as an Independent Director of the Company, for a second term of 5 (five) consecutive yearsMoreLess
    1 for0 against

Mutual fund votes, meeting of 30 Nov 2023, 10 fund houses

  • To appoint Mr. Shashank Sinha (holding Director Identification Number 02544431) as an Independent Director of the Company.
    10 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Mar 2026.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.