Please find attached intimation under Regulation 30 of Listing Regulations.
Awaiting price reaction for this filing.
Peoples Investments Ltd has informed the stock exchange that Mr. Ashok Khedekar (DIN: 05197693), a Non-Executive Independent Director, has resigned from the board effective April 15, 2025. He cited other professional commitments as the reason and confirmed there are no material reasons behind his exit. The company has shared the resignation letter and required details as annexures to the filing. He did not hold directorships in any other listed entity.
This is a routine independent director exit due to personal professional priorities, with no governance concerns flagged. It is unlikely to materially affect the stock price or shareholder interests, though the company will need to fill the vacancy to maintain board composition norms.