BSECompany Update29 Sept 2026 · 29 Sept 2026, 09:02 pm
Please find attached Intimation under SEBI Listing Regulations, 2015
Peoples Investments Ltd · 501144
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Peoples Investments Ltd has announced the appointment of Shri Brajesh Palsaniya as a Non-Executive Director, approved by shareholders at the Annual General Meeting held on September 29, 2026. Palsaniya has over three decades of experience in strategic finance, capital restructuring, and corporate governance.
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Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Peoples Investments Ltd - 501144 - Announcement under Regulation 30 (LODR)-Change in Directorate
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PEOPLES INVESTMENTS LIMITED
(CIN: L67120MH1976PLC018836)
Registered Office:
NEW HIND HOUSE, 3, NAROTTAM MORARJEE MARG, BALLARD ESTATE, MUMBAI – 400 001
September 29, 2026
The Department of Corporate Services - CRD
BSE Limited
P.J. Towers, Dalal Street,
Mumbai 400 001
Scrip Code: 501144
Dear Sir / Madam
Sub.: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("Listing Regulations") – Appointment of Shri Brajesh
Palsaniya as Non-Executive Director
In continuation to our earlier intimation dated August 11, 2026 regarding the appointment of Shri
Brajesh Palsaniya (DIN: 10262792) as an Additional Director of the Company, we wish to inform you that
the Shareholders of the Company at the Annual General Meeting (“AGM”) held today, i.e., Tuesday,
September 29, 2026, have approved his appointment as a Non-Executive Director of the Company.
The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, as amended, are enclosed as Annexure A.
The Meeting commenced at 03:30 p.m. and concluded at 03: 53 p.m.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For Peoples Investments Limited
Suma G. Nair
Director
DIN: 07100919
Tel. No. 022-22686000 Fax No. 022-22620052 Website: www.pplsinvestments.com Email: peoplesinvestments@rediffmail.com
PEOPLES INVESTMENTS LIMITED
(CIN: L67120MH1976PLC018836)
Registered Office:
NEW HIND HOUSE, 3, NAROTTAM MORARJEE MARG, BALLARD ESTATE, MUMBAI – 400 001
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026.
Annexure “A”
Particulars Details
Reason for change –Appointment Appointment of Shri Brajesh Palsaniya (DIN:
10262792) as a Non-Executive Director of the
Company, approved by the Shareholders at the
Annual General Meeting held on September 29,
2026 (previously appointed as an Additional
Director by the Board w.e.f. August 11, 2026)
Date of Appointment & Term of Appointment September 29, 2026
Term: Appointed as a Non-Executive Director,
liable to retire by rotation as per the provisions of
the Companies Act, 2013.
Brief Profile Shri Brajesh Palsaniya is a distinguished Fellow
Chartered Accountant (FCA) with over three
decades of experience in strategic finance, capital
restructuring, and corporate governance across
premier industrial conglomerates. He has held
marquee leadership roles, notably serving as
Director of Treasury & Corporate Strategy at
Raymond Ltd. and Bajaj Energy Ltd., Head of
Treasury at Kesoram Industries Ltd., and General
Manager of Corporate Finance at Suzlon Energy
Ltd., where he masterminded a landmark ₹20,000
crore Corporate Debt Restructuring (CDR)
roadmap. His extensive career also includes key
financial leadership positions at Shah Alloys Ltd.,
Intas Pharmaceuticals Ltd., and Vadilal Industries
A widely recognized figure in the financial
landscape, Shri Palsaniya is a recipient of the
prestigious Dr. APJ Abdul Kalam Azad Inspiration
Award from the Government of India for
outstanding contributions to finance and nation-
building. In addition to being named one of India's
Top 20 Treasury Champions, he has been honored
with the Global Indian Award and the Indian
Achievers Award for exemplary business
leadership.
Disclosure of relationships between Directors Shri Brajesh Palsaniya is not related to any Director
or Key Managerial Personnel of the Company.
Tel. No. 022-22686000 Fax No. 022-22620052 Website: www.pplsinvestments.com Email: peoplesinvestments@rediffmail.com