ICICI Securities Ltd | Retail Equity Research The board of directors of Eicher Polaris Private (EPPL), an equal joint venture between Eicher Motors (EML) & US-based Polaris Industries Inc, passed a resolution to close the operations of EPPL with immediate effect. EPPL was incorporated in October 2012, and in June 2015, the company launched Multix a personal utility vehicle. As of 31st December 2017, EML had invested |289.5 crore in EPPL and the same shall be written down in accordance with the applicable regulations....