EPL Limited Issues Corrigendum to Postal Ballot Notice
EPL Limited announced a corrigendum to the Notice of Postal Ballot dated February 23, 2026. The revision concerns Item No. 3, specifically regarding the appointment of Mr. Hemant Bakshi as Managing Director & Global Chief Executive Officer for a term of five years, effective January 1, 2026.The amendment clarifies details related to employee stock options. Previously, the notice stated Mr. Bakshi would be “entitled to participate in employee incentive plans, employee stock options plans including Employee Stock Option Scheme 2020/ 2025 as may be determined by the Board or NRC from time to time, at their discretion.” The revised statement specifies that participation is subject to limits outlined in the Employee Stock Option Scheme 2020/2025 and includes 19,23,319 stock options already granted to Mr. Bakshi.
The remote e-Voting period commenced on Wednesday, February 25, 2026, and continues until 5:00 P.M. (IST) on Thursday, March 26, 2026. Members who have already cast their votes and wish to modify them can do so by emailing the scrutinizer at dilipbcs@gmail.com on or before 5:00 P.M. (IST) on Thursday, March 26, 2026.
The Corrigendum and the original Postal Ballot Notice are available on the EPL Limited website at www.eplglobal.com, as well as on the websites of the BSE Limited (www.bseindia.com) and the National Stock Exchange of India Limited (www.nseindia.com), and the NSDL website (www.evoting.nsdl.com).
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