EPL LIMITED — Proxy Solicitation & Information Statement 2026

Mar 20, 2026

==> picture [596 x 99] intentionally omitted <==

March 20, 2026

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G, Dalal Street, Mumbai - 400001 Bandra-Kurla Complex, Bandra (E), Mumbai - 400051 Scrip Code: 500135 Trading Symbol: EPL

Sub. : Corrigendum to the Notice of Postal Ballot dated February 23, 2026 - EPL Limited (“Company”)

• Ref. : 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (“SEBI LODR Regulations”)

• 2. ISIN: INE255A01020

Dear Sir/ Madam,

In furtherance of our intimation dated February 23, 2026, regarding Notice of Postal Ballot dated February 23, 2026 (“Postal Ballot Notice”), we wish to inform you that a Corrigendum to the Postal Ballot Notice (“Corrigendum”) is being issued in continuation of the Postal Ballot Notice, for providing certain additional information with respect to Item No. 3, by way of an addition in the relevant explanatory statement of the Postal Ballot Notice.

Please note that all the other contents of the Postal Ballot Notice, save and except as modified or supplemented by the Corrigendum, shall remain unchanged. The Corrigendum shall form an integral part of the Postal Ballot Notice, and on and from the date of the Corrigendum, the Postal Ballot Notice shall be read in conjunction with the Corrigendum.

The Corrigendum, as enclosed herewith, would also be available on the website of the Company i.e. www.eplglobal.com, on the respective websites of BSE at www.bseindia.com and NSE at www.nseindia.com, and also on the website of NSDL (in the capacity of being the service provider appointed for providing the e-Voting facility) at www.evoting.nsdl.com.

This is for your information and records.

Thanking you.

Yours faithfully, For EPL Limited ONKAR DEEPAK Digitally signed by ONKAR DEEPAK GHANGURDE GHANGURDE Date: 2026.03.20 16:50:27 +05'30' Onkar Ghangurde Head - Legal, Company Secretary & Compliance Officer ICSI Membership No.: A30636 Encl.: As above

==> picture [596 x 77] intentionally omitted <==

Page 1 of 1

==> picture [51 x 49] intentionally omitted <==

EPL LIMITED

CIN : L74950MH1982PLC028947 Registered Office: P.O. Vasind, Taluka Shahapur, Thane 421604, Maharashtra; Tel.: +91 9673333971/9882 Corporate Office: Top Floor, Times Tower, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai 400013; Tel.: +91 22 2481 9000/9200; Fax: +91 22 2496 3137 Email: complianceofcer@eplglobal.com; Website: www.eplglobal.com

CORRIGENDUM TO POSTAL BALLOT NOTICE DATED FEBRUARY 23, 2026 (“CORRIGENDUM”)

[In terms of the provisions of Section 110 and 108 of the Companies Act, 2013 read with applicable provisions of the Companies (Management and Administration) Rules, 2014 (as amended)]

To,

The Members, EPL Limited

Dear Member(s)[1] ,

This is with reference to the Notice of Postal Ballot dated February 23, 2026 (“Postal Ballot Notice”) issued to the Members of EPL Limited (“Company”), seeking approval for the Special Businesses and the Resolution(s) (provided along with the explanatory statement setting out the material facts, relevant details and reasons/ rationale), in relation to:

• (i) appointment of Mr. Anand Kripalu (holding Director Identification Number 00118324) as a Non-Executive, Non-Independent Director of the Company, with effect from April 1, 2026, liable to retire by rotation;

• (ii) appointment of Mr. Hemant Bakshi (holding Director Identification Number 02362738) as a Director of the Company, with effect from January 1, 2026, liable to retire by rotation; and

• (iii) appointment of Mr. Hemant Bakshi (holding Director Identification Number 02362738) as the Managing Director & Global Chief Executive Officer of the Company, for a term of five years with effect from January 1, 2026.

The above mentioned approval is sought by way of Postal Ballot - only by voting through electronic means (“remote e-Voting”), in terms of the applicable provisions of the Companies Act, 2013 (including any statutory amendment or modification or reenactment thereof, for the time being in force) read with the rules made thereunder, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (including various circulars issued thereunder, from time to time), and various circulars issued by the Ministry of Corporate Affairs, Government of India from time to time (“MCA Circulars”).

In line with the provisions of the MCA Circulars, the Postal Ballot Notice was sent on February 23, 2026, only through electronic form to those Members whose Email IDs were registered with the Company/ Depositories and it was also made available on the website of the Company i.e. www.eplglobal.com, on the websites of the BSE Limited (“BSE”) i.e. at www.bseindia.com, the National Stock Exchange of India Limited (“NSE”) i.e. at www.nseindia.com, and also on the website of National Securities Depository Limited (“NSDL”) (in the capacity of being the service provider appointed for providing the remote e-Voting facility) at www.evoting.nsdl.com.

The remote e-Voting period commenced from 9.00 A.M. (IST) on Wednesday, February 25, 2026, and will be available up to 5.00 P.M. (IST) on Thursday, March 26, 2026.

This Corrigendum is being issued in continuation of the Postal Ballot Notice, for providing certain additional information with respect to Item No. 3, by way of an addition in the relevant explanatory statement, more particularly as under:

Point No. 6 on Page no. 7 of the Postal Ballot Notice, under the relevant explanatory statement for Item No. 2 & 3, which read as –

• “6. Employee Stock Options: 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.”

shall be read as below:

• “6. Employee Stock Options: 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, to the limit of maximum stock options that the Company can grant to any identified employee as specified in the Employee Stock Option Scheme 2020/ 2025, which shall include the 19,23,319 stock options that have been already granted to Mr. Bakshi, under the Employee Stock Option Scheme 2020 and the Employee Stock Option Scheme 2025.”

1 The term ‘Members’ has been used to denote the Equity Shareholders of EPL Limited i.e. the Company.

1

==> picture [13 x 7] intentionally omitted <==

==> picture [13 x 7] intentionally omitted <==

==> picture [13 x 6] intentionally omitted <==

==> picture [13 x 6] intentionally omitted <==

All the other contents of the Postal Ballot Notice, as already circulated to the Members of the Company, save and except as modified or supplemented by this Corrigendum, shall remain unchanged. This Corrigendum shall form an integral part of the Postal Ballot Notice, and on and from the date of this Corrigendum, the Postal Ballot Notice shall be read in conjunction with this Corrigendum.

Accordingly, all the concerned Members, Stock Exchanges where Equity Shares of the Company are listed i.e. BSE and NSE, Depositories, Registrar and Share Transfer Agent viz. M/s. Bigshare Services Pvt. Ltd., other authorities, regulators, and all other concerned persons are requested to take note of the above changes.

This Corrigendum is being sent only through electronic form to those Members whose names appear in the Register of Members / List of Beneficial Owners as received from the Depositories and whose Email IDs are registered with the Company/ Depositories, as on the cut-off date for sending the dispatch of Notice of Postal Ballot i.e. Friday, February 20, 2026.

The Members are requested to note that, in case they have already cast their vote prior to receiving this Corrigendum, and wish to modify their vote pursuant to the information provided in this Corrigendum, they may do so by writing an email to the scrutinizer at dilipbcs@gmail.com, on or before 5.00 P.M. (IST) on Thursday, March 26, 2026. The scrutinizer will ensure that any modifications to the votes, are duly recorded and taken into consideration.

This Corrigendum would also be available on the website of the Company i.e. www.eplglobal.com, on the respective websites of BSE at www.bseindia.com and NSE at www.nseindia.com, and also on the website of NSDL (in the capacity of being the service provider appointed for providing the e-Voting facility) at www.evoting.nsdl.com.

By order of the Board of Directors, For EPL Limited

Onkar Ghangurde Head - Legal, Company Secretary & Compliance Officer ICSI Membership No.: A30636

Date : March 20, 2026 Place : Mumbai

2