EPL LIMITED — M&A Activity 2022

Jan 5, 2022

5 January 2022

, Corporate Service Department	= The Listing Department'
BSE Limited	National Stock Exchange of India Ltd
25th Floor, Phiroze Jeejeebhoy Towers,	Exchange Plaza, Plot no. C/1, G Block,
Dalal Street,·"	Bandra-Kurla Complex, Bandra (E)
Mumbai 400 001	Mumbai 400 051
IZIJ1!if.if.i.Jj	~ ~~~~.11: 1 Trading. Symbol:. EPL·····································································I

Ref.: EPL Limited

Sub.: Proceeding of the National Company Law Tribunal ("NCLT") Convened Meeting of Equity Shareholders of EPL Limited

Dear Sirs,

In reference to notice dated 24 November 2021 convening the meeting of Equity shareholders ofEPL Limited pursuant to Order dated 9 November 2021 of the Hon'ble National Company Law Tribunal, Mumbai Bench, submitted to the exchanges, this is to further inform the exchanges that the National Company Law Tribunal ("NCLT"), Mumbai Bench Convened Meeting (NCM or Meeting) of the Company was duly held on today i.e. 5 January 2022 through electronic means / video conferencing (VC). Necessary registers and reports were available during the meeting and were accessible to the members. Independent Directors and Auditors remained presents.

Mr. Anand Kripalu, Chairman of the meeting, 'informed the members about the requirement of holding the meeting through electronic means / video conferencing pursuant to order dated 9 November 2021 by the Hon'ble National Company Law Tribunal, Mumbai Bench and in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. While presenting his speech, he briefed the members about the objectives of passing the resolution to consider and approve the scheme of amalgamation between Creative Stylo Packs Private Limited ("CSPL") with EPL Limited ("EPL") and their respective shareholders and creditors. He gave a overview on the scheme of merger of Creative Sty lo Packs Private Limited with EPL Limited. He also briefed about CSPL' s main business, its manufacturing facility. He also informed to the shareholders about the rationale and benefits of the merger which would be able to create synergy relating to greater efficiency, cost management, centralization of resources and technologies and cost.

Mr. Anand Kripalu has replied to the members on their questions.

Thereafter, the members were briefed about the procedure of voting on resolution as mentioned in the meeting Notice through evoting and informed about the expected date and mode of declaration of result.

At the said meeting, the members have considered and approved the following resolution and the same has been passed with requisite majority without any modifications. Facility of evoting during the meeting was provided to members present at the meeting. Following is the consolidated result of voting through remote evoting and evoting during the meeting.

Sr.	Detail of Resolution	Resolution	Mode ofvotin~	Result
1.	Approval of the Scheme of Amalgamationamongst Creative Stylo Packs Private LimitedandEPLLimitedtheirrespectiveandshareholders and creditors.	Prescribedmajority	e-voting	Passed withrequisitemajority

Voting results and other details in prescribed format as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is being filed separately online as per filing requirements of exchanges.

The NCLT Convened Meeting was started on scheduled time at 11 :00 a.m. (IST) and concluded on 11 :28 a.m. (IST).

This is in compliance with regulation 30 and applicable provisions the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, applicable laws and for your information.

' /

This is for your information and record.

Thanking You

Sures Savaliya SVP - Legal & Company Secretary

Encl.: As above

Filed Online