Meeting Details

The 154th Annual General Meeting of Peninsula Land Limited was convened on Thursday, August 27, 2026 at 03:00 P.M. IST through Video Conferencing / Other Audio Visual Means. The meeting was conducted in accordance with the provisions of the Companies Act, 2013 and SEBI Listing Regulations.

Voting Arrangements

The company provided remote e-voting facility through National Securities Depository Limited (NSDL) for members holding shares as of the cut-off date Thursday, August 20, 2026. Remote e-voting commenced on Sunday, August 23, 2026 at 09:00 A.M. and concluded on Wednesday, August 26, 2026 at 05:00 P.M. E-voting facility was also available during the AGM for members who could not vote earlier.

Attendance

Total 71 members attended the meeting through VC/OAVM. The following Directors attended the meeting:

  • Ms. Urvi A. Piramal (Chairperson and Non-Executive Director)
  • Mr. Rajeev A. Piramal (Managing Director)
  • Mr. Nandan A. Piramal (Joint Managing Director)
  • Mr. Mahesh Gupta (Non-Executive and Non-Independent Director)
  • Mr. Pankaj Kanodia (Independent Director)
  • Mr. Amyn Jassani (Independent Director)
  • Mr. Pawan Swamy (Independent Director)
  • Ms. Mitu Jha (Independent Director)

Mr. Ashwin Ramanathan, Independent Director, did not attend the meeting.

Other Attendees

  • Mr. Shivam Sharma of M/s. Shivam Sharma & Associates (Secretarial Auditor and Scrutinizer)
  • Representative of S R B C & Co. LLP (Statutory Auditors)

Business Conducted

The following resolutions were considered and approved by members:

1. Ordinary Resolution: Appointment of Ms. Mitu Jha (DIN: 03511996) as an Independent Director

2. Special Resolution: Re-designation of Mr. Nandan A. Piramal (DIN: 00045003) from Whole-Time Director to Managing Director designated as 'Joint Managing Director'

3. Special Resolution: Approval of maintenance of existing remuneration structure of Mr. Nandan A. Piramal upon re-designation

4. Ordinary Resolution: Approval of material Related Party Transaction with Mr. Jaydev Mukund Mody / entities related to him

Voting Mechanism

All resolutions were voted through remote e-voting during the e-voting period and e-voting during the AGM.

Scrutinizer Appointment

Mr. Shivam Sharma of M/s Shivam Sharma & Associates, Practicing Company Secretary, was appointed as the Scrutinizer for the remote e-voting and e-voting at the AGM.

Meeting Duration and Conclusion

The AGM commenced at 03:00 P.M. and concluded at 03:44 P.M. The remote e-voting window was kept open for 15 minutes after the meeting to enable members who had not voted earlier to cast their vote.

Additional Information

Members raised queries on the company's businesses and future plans during the meeting, which were replied by the Executive Vice Chairman & Managing Director. The registers and documents required under various laws were available for inspection at the request of members.