EPL members approve employee stock option schemes

EPL Limited announced on December 15, 2025, that its members have approved the "Employee Stock Option Scheme - 2025" and the grant of employee stock options to subsidiary employees in India or abroad under this scheme. The approval was sought via a postal ballot conducted through remote e-voting, which concluded on December 14, 2025.

The scrutinizer's report, submitted by Mr. Mehul Pitroda, confirmed that both special resolutions were approved with the requisite majority. For "Approval of the 'Employee Stock Option Scheme - 2025'," 83.13% of the polled votes were in favor. Similarly, for "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'," 83.13% of the polled votes were in favor.

Promoters and promoter group voted 100% in favor for both resolutions. Public-institutions voted 38.00% in favor and 62.00% against for both resolutions. Public-non institutions voted 99.94% in favor and 0.06% against for both resolutions. The voting results and the scrutinizer's report are available on the company's website.