Peoples Investments Limited

Key Dates and Events

  • AGM Date: Tuesday, September 29, 2026 at 03:30 PM IST
  • AGM Mode: Video Conferencing/Other Audio Visual Means as per MCA and SEBI circulars
  • Cut-off Date for Voting: Tuesday, September 22, 2026
  • Remote e-Voting Period: September 26, 2026 (09:00 AM) to September 28, 2026 (05:00 PM)
  • Financial Year Ended: March 31, 2026

Financial Performance Highlights (₹ in '000)

| Particulars | FY 2025-26 | FY 2024-25 | Change |

| Total Revenue | 700.00 | 500.00 | +40.00% |

| Profit/(Loss) Before Tax | 25.60 | (212.43) | Turnaround |

| Tax Expense | 4.00 | - | - |

| Net Profit/(Loss) After Tax | 21.60 | (212.43) | Turnaround |

| Retained Earnings (Deficit) | (3,382.36) | (3,407.96) | Improvement |

| Earnings Per Share (₹) | 0.11 | (1.06) | Turnaround |

Capital Structure

  • Paid-up Equity Share Capital: ₹20.00 lakhs (unchanged during year)
  • Shares Outstanding: 200,000 equity shares of ₹10 each
  • No dividend declared due to accumulated losses
  • No shares issued with differential voting rights, stock options, or sweat equity

Board Composition and Changes

Directors as of March 31, 2026:

1. Shri Shantilal Pokharna (Resigned w.e.f. June 8, 2026)

2. Shri Atul Dharap (Appointed w.e.f. May 20, 2025)

3. Shri Padmanabhan Balasubramaniam

4. Shri Jitender Agarwal

5. Smt. Suma G. Nair

6. Shri Brajesh Palsaniya (Appointed as Additional Director w.e.f. August 11, 2026)

Key Managerial Personnel:

  • Shri Suryakant Laxman Khare: Chief Financial Officer & Company Secretary
  • Shri Venkatesh Ramaswami: Manager (re-appointed for 3 years from August 09, 2025)

Board Meetings:

  • 5 meetings held during FY26 on May 20, 2025; July 15, 2025; August 11, 2025; November 04, 2025; and February 5, 2026
  • All directors attended all meetings

AGM Business Items

Ordinary Business:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Re-appointment of Smt. Suma Nair (DIN: 07100911) who retires by rotation

Special Business:

3. Appointment of Shri Brajesh Palsaniya (DIN: 10262792) as Non-Executive Director

  • Appointed as Additional Director on August 11, 2026
  • Fellow Chartered Accountant with 30+ years experience
  • Currently Chief Treasury Officer at Raymond Group
  • Not receiving any remuneration from the company

Committee Composition

Audit Committee (Met 4 times):

  • Shri Atul Dharap (Chairman)
  • Shri Padmanabhan Balasubramaniam (Member)
  • Smt. Suma G. Nair (Member)

Nomination and Remuneration Committee (Met 1 time):

  • Shri Padmanabhan Balasubramaniam (Chairman)
  • Shri Atul Dharap (Member)
  • Smt. Suma Nair (Member)

Stakeholders Relationship Committee (Met 1 time):

  • Smt. Suma G. Nair (Chairman)
  • Shri Atul Dharap (Member)
  • Shri Padmanabhan Balasubramaniam (Member)

Auditors

Statutory Auditors:

  • M/s Khandhar Mehta & Shah, Chartered Accountants (Firm No. 125512W)
  • Appointed for 5 years from 47th AGM (September 22, 2023) until 52nd AGM
  • Audit report contains no qualifications or adverse remarks

Secretarial Auditor:

  • M/s Kaushik Joshi & Co., Company Secretaries
  • Secretarial audit report contains no qualifications
  • Proposed appointment for 5 years from FY 2025-26 subject to shareholder approval

Key Financial Ratios

| Ratio | FY 2025-26 | FY 2024-25 | Change | Reason |

| Current Ratio | 4.61 | 5.13 | -10.00% | Decrease in current assets |

| Net Profit Margin (%) | 3.09% | -42.49% | 107.26% | Increased turnover and better cost management |

| Return on Net Worth (%) | 11.90% | -106.82% | 111.14% | Profitability improvement |

Operational Highlights

  • Business Segment: Solely engaged in financial consultancy services
  • Employee Strength: 1 employee only
  • Bankers: Bank of India
  • RTA: MUFG Intime India Private Limited
  • Internal Controls: Assessed as adequate and effective
  • Whistleblower Policy: In place, no complaints during the year

Investments and Assets

  • Quoted Investments: ₹3,370 (Market Value: ₹3,370)
  • Unquoted Investments: Fully provided for (Carrying value: Nil)
  • Cash and Bank Balances: ₹163,060
  • Deferred Tax Assets: ₹15,400
  • Income Tax Assets: ₹66,000

Compliance Status

  • No material orders from regulators/courts
  • No frauds reported during the year
  • No related party transactions
  • No deposits accepted from public
  • No CSR obligations applicable
  • No pending litigation affecting financial position

Voting Arrangements

  • AGM Access: Through NSDL e-Voting system (EVEN: 142063)
  • Scrutinizer: M/s DM & Associates Company Secretaries LLP
  • Physical attendance dispensed with due to virtual meeting
  • Documents available on company website: www.pplsinvestments.com

Other Disclosures

  • Company encourages dematerialization of shares as mandated by SEBI
  • PAN submission required for all shareholders
  • Nomination facility available for shares
  • All securities to be transferred only in dematerialized form