EPL Limited has informed the Exchange about General Updates on Change in the Board of Directors
EPL · price
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EPL Limited has appointed Mr. Hemant Bakshi (DIN: 02362738) as the new Managing Director & Global Chief Executive Officer for a 5-year term effective January 1, 2026, subject to shareholder approval. He has joined the Board as an Additional Director. In a related change, Mr. Anand Kripalu, the current MD & CEO, has stepped into the role of Executive Director until March 31, 2026. This follows the company's earlier intimation dated October 8, 2025, suggesting a planned leadership succession.
This is a planned, orderly CEO succession with the new leader appointed on a long 5-year term, signalling strategic continuity. The outgoing CEO's brief transition role until March 2026 should help ensure a smooth handover, which is generally positive for shareholder confidence.