BSECompany Update11 Aug 2026 · 11 Aug 2026, 07:21 pm
Please find enclosed the Intimation under SEBI Listing Regulation, 2015
Peoples Investments Ltd · 501144
✦ AI SummaryMgmt Change
Peoples Investments Ltd has announced the appointment of Shri Brajesh Palsaniya as an Additional Director of the Company, effective August 11, 2026.
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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Peoples Investments Ltd - 501144 - Announcement under Regulation 30 (LODR)-Change in Management
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PEOPLES INVESTMENTS LIMITED
(CIN: L67120MH1976PLC018836)
Registered Office:
NEW HIND HOUSE, 3, NAROTTAM MORARJEE MARG, BALLARD ESTATE, MUMBAI – 400 001
August 11, 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 Director
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform that upon recommendation of the
Nomination and Remuneration Committee and subject to the approval of Shareholder, the Board of
Directors at its Meeting held today i.e. August 11, 2026 approved the appointment of Shri Brajesh
Palsaniya (DIN: 10262792) as an Additional Director of the Company w.e.f. August 11, 2026.
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 04:00 p.m. and concluded at 05:00 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 as an
Additional Director of the Company.
Date of Appointment & Term of Appointment Appointment of Shri Brajesh Palsaniya as an
Additional Director of the Company w.e.f. August
11, 2026.
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