Please find attached Voting Results along with Scrutinizer''s Report for the AGM held on August 19, 2025
Awaiting price reaction for this filing.
Peoples Investments Limited held its 49th Annual General Meeting on August 19, 2025 via video conferencing, where all 5 resolutions were passed with the requisite majority. Out of 397 shareholders on the record date (August 12, 2025), only 7 public shareholders attended through video conferencing, and just 10.53% of outstanding shares (21,053 votes out of 200,000) were polled. The resolutions covered adoption of audited financial statements for FY 2024-25, re-appointment of a rotational director (Jitender Agarwal), appointment of Atul Dharap as an Independent Director (special resolution), appointment of Kaushik Joshi & Co. as Secretarial Auditor, and re-appointment of Venkatesh Ramaswami as Manager. Resolutions 1 and 4 received 100% votes in favour, while resolutions 2, 3 and 5 received 99.99% in favour with only 2 votes against each.
This is a routine annual compliance filing confirming smooth governance. The extremely low voting turnout (10.53%) and absence of promoter participation are noteworthy but not unusual for this small-cap BSE-listed company. No material impact on shareholders or stock price is expected as all resolutions were routine in nature.