Peninsula Land Ltd

Peninsula Land Ltd — Trading Window Closure from Oct 01, 2026 till 48 hours after approval and dissemination of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026

AGM Details

• Date/time/mode: 27 Aug 2026, 3:00 PM, VC/OAVM.
• Record date: 20 Aug 2026.
• Cut-off for e-voting: 20 Aug 2026.
• Remote e-voting window: 23–26 Aug 2026.
• AGM duration: 3:00 PM to 3:44 PM.

Key Resolutions

• Resolution 1: Adopt standalone and consolidated financial statements; Passed with minor dissent (0.001%).
• Resolution 2: Reappointment of Gupta by rotation; Passed with minimal dissent (0.0014%).
• Resolution 3: Reappointment of Independent Director (DIN 035119); Passed.
• Resolution 4: Redesignation of Nandan Piramal as Joint Managing Director; Passed.
• Resolution 5: Maintain remuneration structure for Piramal upon redesignation; Passed.
• Resolution 6: Approve related party transaction with Mr. Jaydev Mody; Passed.

Dividend

• Dividend: No dividend declared.

Director Changes

• Nandan A. Piramal redesignated from Whole-Time Director to Joint Managing Director.
• Mahesh Shrikrishna Gupta reappointed by rotation.

Material Related Party Transactions

• Material RPT with Jaydev Mukund Mody or related entities; no value disclosed.

AGM Details

• AGM held on 27 Aug 2026 at 03:00 PM IST via VC/OAVM.
• Cut-off date for voting rights: 20 Aug 2026.
• Remote e-voting: Aug 23–26, 2026; AGM e-voting also available.
• 71 members attended the AGM via VC/OAVM.
• AGM concluded at 03:44 PM.
• Scrutinizer appointed for e-voting: Shivam Sharma.

Key Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements for FY2026.
• Ordinary: Reappointment of Mahesh S. Gupta, retiring by rotation.
• Special: Reappointment of Pawan Swamy as Independent Director.
• Special: Re-designation of Nandan A. Piramal as Joint Managing Director.
• Special: Approval of remuneration structure upon re-designation.
• Ordinary: Material related party transaction with Jaydev Mukund Mody and related entities.

Voting status

• Voting results to be intimated to stock exchanges and PLL website.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended June 30, 2026 approved.
• Limited Review Reports by the statutory auditor submitted with the results.

Key financial highlights

• Standalone Jun-26 total income: Rs 2,537 lakh; PAT: Rs (605) lakh.
• Standalone exceptional item: reversal/impairment of loans to subsidiaries, JVs, and associates Rs 195 lakh.
• Consolidated Jun-26 total income: Rs 2,639 lakh; PAT: Rs (772) lakh; exceptional item: Rs 250 lakh.

Auditor's review status

• Independent auditor SRBC&COLLP concluded no material misstatement in interim results.

Regulatory/compliance context

• Statements prepared under SEBI LODR Regulation 33.

Financial performance

• Revenue from operations stood at ₹169 crore in FY2025-26, down from ₹263 crore.
• EBITDA was ₹-101 crore in FY2025-26, vs ₹35 crore prior year.
• PAT was ₹-154 crore in FY2025-26, vs ₹-25 crore prior year.
• EPS Basic/Diluted: ₹-4.63.
• Gearing ratio 6.36x; total borrowings ₹295.6 crore.
• Dividend declared for FY2025-26: none.
• Equity share capital rose to ₹66.34 crore with 33,17,28,220 shares issued.
• Employees: over 200 workforce.

Strategy and growth

• Alibaug ONE project launched.
• Partnerships formed with Alpha Alternatives Group and Delta Group.
• Additional projects planned within 8-12 months.
• Peninsula Centre OC received occupancy certificate.
• Peninsula Plaza launched.
• Ashok Vistas and Address One advancing.
• Focus on development opportunities leveraging brand and execution capabilities.
• Mumbai/Pune-led focus on plotted developments.
• Pipeline expansion via Peninsula 2.0 platform.

Capital structure & governance

• Board size: 9; 5 independent, 2 executives, 2 non-executives.
• Pooja Sutradhar appointed Company Secretary on 29 May 2025.
• Pawan Swamy reappointed as Independent Director from 11 November 2026.
• Nandan A. Piramal redesignated as Joint Managing Director from 29 May 2026.
• Material related party transaction with JMM valued at ₹45 crore.

Audit, risk & controls

• Statutory auditor: S R B C & Co LLP (2022-2027).
• Secretarial auditor: Shivam Sharma & Associates; no qualifications.
• Regulatory fines: NSE ₹10.14m, BSE ₹9.91m in 2025; SAT appeal filed.
• Internal controls in place; risk management framework in place; committees functioning.

CSR & ESG

• CSR spend: ₹44 lakhs via Urvi Ashok Piramal Foundation.
• Mobile Health Unit served 23,305 villagers.
• Rekh hand-block printing program ongoing.
• Village tourism initiatives expanding.
• Permaculture initiatives expanding.
• SDG alignment ongoing; community development in Central India.

Outlook & risks

• Long-term outlook for Indian real estate; MMR and Pune demand supported by infrastructure.
• Key risks: regulatory changes, input cost volatility, interest rate shifts, macro uncertainties.
• Execution focus, disciplined cash flow management, and pipeline expansion via partnerships.

AGM Details

• Date and time: 27 August 2026, 03:00 PM.
• Mode: VC/OAVM.

Voting Window

• Voting eligibility cut-off: 20 August 2026.
• Remote e-voting: 23-26 August 2026, 09:00 AM to 05:00 PM.

Notice Access

• Notice and Annual Report sent electronically to members.
• Annual Report accessible via company website.

Meeting Details

• Board meeting scheduled for August 12, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 1, 2026 to 48 hours after results declaration.