BSEGeneral4d ago · 16 Oct 2026, 05:28 pm
Intimation of receipt of request letter for re-classification of Epsilon Bidco Pte. Ltd. from ''promoter'' to ''public'' category, is enclosed herewith.
EPL Ltd · 500135
✦ AI SummaryPromoter Reclassif.
EPL Ltd has received a request from Epsilon Bidco Pte. Ltd. to reclassify itself from the 'promoter' category to the 'public' category in terms of Regulation 31A of the SEBI LODR Regulations. The request is to be placed for consideration of the Board of Directors in its ensuing Board Meeting.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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EPL Ltd - 500135 - Announcement under Regulation 31A (LODR)-(8)(a) Receipt of request
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October 16, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G,
Dalal Street, Mumbai – 400 001. Bandra Kurla Complex, Bandra (East),
Scrip Code: 500135 Mumbai – 400 051.
Symbol: EPL
Sub. : Intimation of receipt of the request letter for re-classification of Epsilon Bidco
Pte. Ltd. from the ‘promoter’ category to the ‘public’ category
Ref. : 1. Disclosure under Regulation 31A(8) of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations,
2015 (as amended) (“SEBI LODR Regulations”)
2. ISIN: INE255A01020
Sir/ Madam,
This is to inform you that EPL Limited (“Company”) has, today i.e. on October 16, 2026, received
a request from Epsilon Bidco Pte. Ltd. to reclassify itself from the ‘promoter’ category to the
‘public’ category in terms of Regulation 31A of the SEBI LODR Regulations.
The request for reclassification shall be suitably placed for consideration of the Board of
Directors of the Company, in its ensuing Board Meeting.
Copy of the request letter received by the Company is enclosed herewith as Annexure A.
This is for your information and records.
Thanking you.
Yours faithfully,
For EPL Limited
Onkar Ghangurde
Head - Legal, Company Secretary & Compliance Officer
ICSI Membership No. A30636
Encl.: As above
Annexure A
16 October 2026
The Board of Directors,
EPL Limited,
P O Vasind, Taluka Shahapur,
Thane, Maharashtra, 421604
Dear Sir/Madam,
Ref: Reclassification from promoter category to public in accordance with Regulation 31A
of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI LODR Regulations”).
1. We, Epsilon Bidco Pte. Ltd. (“Outgoing Promoter”), the promoter of EPL Limited
(“Company”) have, by way of on-market trades undertaken on 1 September 2026, sold
our entire shareholding in the Company i.e. 84,479,781 equity shares aggregating to
26.37% of the paid-up share capital of the Company and since then we have nil (0.00%)
shareholding in the Company.
2. In view of the aforementioned, we, the Outgoing Promoter, request the Company to
make necessary applications and obtain relevant authorisations from BSE Limited
(“BSE”) and the National Stock Exchange of India Limited (“NSE”) in compliance
with Regulation 31A of the SEBI LODR Regulations read along with the respective
checklists issued by BSE and NSE in order for the Company to be able to reclassify us
(i.e., the Outgoing Promoter) from promoter category to public.
3. In connection with application for reclassification, we, the Outgoing Promoter hereby
confirm and certify that we:
a) do not hold more than 10% (ten percent.) of the total voting rights in the
Company;
b) do not exercise control over the affairs of the Company, directly or indirectly;
c) do not have any special rights with respect to the Company through formal or
informal arrangements, including through any shareholder agreements;
d) are not represented on the board of directors (including not having a nominee
director) of the Company;
e) do not act as key managerial personnel in the Company;
f) are not ‘wilful defaulter’ as per the Reserve Bank of India Guidelines; and
g) are not fugitive economic offenders.
4. The Outgoing Promoter further confirms that:
a) there is no pending regulatory action against the Outgoing Promoter;
b) the Outgoing Promoter shall continue to comply with the conditions mentioned
at sub-clauses (i), (ii) and (iii) of clause (b) of Regulation 31A(3) of the SEBI
LODR Regulations at all times from the date of such reclassification, failing
which the Outgoing Promoter shall automatically be reclassified as promoter of
the Company;
c) the Outgoing Promoter shall comply with the conditions mentioned in sub-
clauses (iv) and (v) of clause (b) of Regulation 31A(3) of the SEBI LODR
Regulations for a period of not less than 3 (three) years from the date of such
reclassification, failing which the Outgoing Promoter shall automatically be
reclassified as promoter of the Company;
d) the Outgoing Promoter is not in violation of the restrictions imposed by the
Securities and Exchange Board of India (“SEBI”) under SEBI circular no.
SEBI/HO/MRD/DSA/CIR/P/2017/92 dated 1 August 2017; and
e) the Outgoing Promoter is not in violation of the provisions of Regulation 34 of
the SEBI (Delisting of Equity Shares) Regulations, 2021.
5. There are no persons related to the Outgoing Promoter as per Regulation 31A(1)(b) of
the SEBI LODR Regulations who are categorized as the promoter/promoter group of the
Company and/or are seeking reclassification.
6. In case any further document/information is required from us with respect to the
reclassification application, please reach out to the undersigned.
[Signature page to follow.]
For Epsilon Bidco Pte. Ltd.
Name:
Designation:
Date: 16 October 2026