EPL : wins the prestigious “Best Governed Company” award at the 21st ICSI National Award for Excellence in Corporate Governance

EPL wins the prestigious "Best Governed Company" award at the 21st ICSI National

Award for Excellence in Corporate Governance

Mumbai, India, 18 December 2021. EPL Limited, the largest global specialty packaging company, is delighted to be awarded the "Best Governed Company" in the 21st edition of the "ICSI National Award for Excellence in Corporate Governance". This prestigious Award has been conferred to EPL for observing and implementing the best practices in Corporate Governance. EPL was adjudged the winner by the Jury, comprising distinguished experts from various fields, headed by the Hon'ble Justice Shri P. Sathasivam, Former Chief Justice of India.

Award winners are selected through a comprehensive evaluation process including compliance, principles of good corporate governance, interaction with Independent Directors, regulatory response about credentials of the company and screening of shortlisted companies by experts leading to final selection by the Jury.

The Award was received by Suresh Savaliya, SVP Legal and Company Secretary from the hands of Hon'ble Shri Amit Shah, Union Minister of Home Affairs, Government of India, in presence of Hon'ble Justice Shri P. Sathasivam, at the ICSI National Award ceremony held on 18 December 2021. Additionally, Mr Suresh Savaliya, Company Secretary is conferred with the award "The Governance Professional of the Year".

Mr. Davinder Singh Brar, Chairman of EPL said, "We at EPL have always been committed to follow the highest standard of corporate governance. I am pleased that EPL received this recognition by the Hon'ble Jury and ICSI. Being selected as the best governed company among top-notch corporates is a great achievement and will inspire us to continue to follow the best practices."

Mr. Anand Kripalu, Managing Director and Global CEO of EPL Limited said, "Team EPL is proud to be recognised with this honour from a premier professional institute like ICSI. At EPL, responsible corporate conduct and sustainability is a way of doing business. EPL with heritage of over three decades, has a governance framework with the highest standards of responsible conduct."

About EPL Limited

EPL is the largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space. Employing over 3,366 people representing over 25 different nationalities, EPL functions in nine countries through 20 state of the art facilities, and is continuing to grow every year.

EPL is the world's largest laminated tube manufacturer with units operating across countries such as USA, Mexico, Colombia, Poland, Germany, Egypt, China, Philippines and India. These facilities cater to diverse categories that include brands in Oral Care, Beauty & Cosmetics, Pharma & Health, Food, and Home, offering customized solutions through continuously pioneering first-in-class innovations in materials, technology and processes.

About the ICSI

The Institute of Company Secretaries of India (ICSI or Institute) is a premier national professional body set up under an act of Parliament of India, the Company Secretaries Act 1980, with a vision "To be a global leader in promoting Good Corporate Governance". The ICSI has nationwide presence with its headquarters at New Delhi, Regional Offices at New Delhi, Chennai, Kolkata and Mumbai, a Centre for Corporate Governance, Research and Training at Navi Mumbai, a Centre of Excellence for Research and Training at Hyderabad and 72 Chapters spread all over India. The Institute is the only recognized professional body to develop and regulate the profession of Company Secretaries in India in pursuit of professional excellence. The Institute has on roll more than 65,000 members or professionals actively engaged, both in employment and in practice, in the governance of the corporate sector and in the financial markets, the two vital growth engines of the economy.

Corporate connect

Suresh Savaliya, SVP - Legal & Company Secretary [e-mail]

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