Please find attached intimation under Regulation 30 of Listing Regulations.
Awaiting price reaction for this filing.
Peoples Investments Ltd informed the stock exchange that officials from the Income Tax Department visited the company's office on September 25, 2025 to conduct a survey action under Section 133A of the Income Tax Act, 1961. The proceedings are currently underway and the company is extending full co-operation to the officials. No details on the scope, findings, or potential financial impact have been disclosed yet. The company is listed on BSE under scrip code 501144.
The tax survey introduces short-term uncertainty for shareholders, though Section 133A surveys are typically fact-finding and not punitive in nature. Investors should watch for further disclosures regarding any findings, demands, or penalties that may arise from the proceedings.