Hemant Bakshi appointed MD and Global CEO effective January 2026

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

EPL · price

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Price reactionminutes from the announcement price · days from the prior close

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₹211.80

prior close

₹214.11

announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-0.2% vs market

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On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and in line with its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 61Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

EPL's board approved Hemant Bakshi as CEO Designate from October 13, 2025 and as Managing Director and Global CEO from January 1, 2026 for five years, subject to shareholder approval. Anand Kripalu will retire as MD and Global CEO on December 31, 2025, remain an executive director through March 31, 2026, then serve as a non-executive, non-independent director from April 1, 2026, subject to shareholder approval.

Likely market impact

The handover supports continuity, and Bakshi's consumer industry experience may aid growth. Shareholders must approve his five-year term.