Peeti Securities accepts resignation of Company Secretary Priyanka Khandelwal

1 min read     Updated on 30 Jul 2026, 07:18 PM
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AI Summary

Peeti Securities Ltd announced the acceptance of Ms. Priyanka Khandelwal's resignation as Company Secretary and Compliance Officer effective July 30, 2026. The exit is due to personal reasons. The company filed the necessary disclosures with the BSE under Regulation 30 of SEBI LODR and will update the Board of Directors at their next meeting.

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Peeti Securities Ltd has accepted the resignation of Ms. Priyanka Khandelwal from her position as Company Secretary and Compliance Officer, effective July 30, 2026. The Hyderabad-based textiles manufacturer disclosed the leadership change in an intimation filed with the Bombay Stock Exchange (BSE) on July 30, 2026, citing personal reasons for her departure.

The resignation was submitted vide letter dated July 30, 2026, and became effective from the close of business hours on Thursday, July 30, 2026. In her resignation letter addressed to the Board of Directors, Ms. Khandelwal thanked the management for the opportunity to serve the company and requested that all necessary statutory and regulatory formalities be completed in connection with her exit.

Regulatory Disclosure

The company notified the Department of Corporate Services at BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was further made in compliance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Mr. Rajesh Pitty, Whole-time Director and CFO of Peeti Securities Ltd, signed the intimation letter. He confirmed that while the resignation has been accepted, a note detailing the change will be placed before the Board of Directors during the next scheduled Board Meeting.

Key Details

Particulars Details
Resigning Executive Ms. Priyanka Khandelwal
Designation Company Secretary & Compliance Officer
Reason for Resignation Personal reasons
Effective Date July 30, 2026
Regulatory Reference Regulation 30 of SEBI (LODR), 2015

Ms. Khandelwal held Membership No. A55947 as a Company Secretary. Her departure marks a change in the company’s compliance oversight structure, though no immediate replacement was named in the filing.

Historical Stock Returns for Peeti Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+4.54%+3.34%-15.89%-5.50%+5.29%

Who will serve as the interim Company Secretary and Compliance Officer until a permanent replacement is appointed?

How might the absence of a designated compliance officer impact Peeti Securities Ltd's ability to meet upcoming regulatory filing deadlines?

Are there any pending legal or regulatory investigations that could be influencing Ms. Khandelwal's decision to resign on personal grounds?

Peeti Securities returns to profit in FY26, revenue rises

1 min read     Updated on 27 May 2026, 03:40 PM
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AI Summary

Peeti Securities Ltd returned to profitability in FY26 with a net profit of ₹7.96 lakh, against a net loss of ₹9.14 lakh in the previous year, while revenue from operations increased to ₹2352.30 lakh. The board approved the audited financial results for Q4 and FY26 on May 27, 2026, with statutory auditors issuing an unmodified opinion.

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Peeti Securities Ltd returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹7.96 lakh compared to a net loss of ₹9.14 lakh in the previous year. The company's revenue from operations increased to ₹2352.30 lakh for FY26 from ₹2315.57 lakh in FY25. The board approved the audited financial results for the fourth quarter and the financial year during a meeting held on May 27, 2026.

For the quarter ended March 31, 2026, the company posted a net profit of ₹8.71 lakh, a significant turnaround from the net loss of ₹12.48 lakh recorded in the same period of the previous year. Revenue from operations for the quarter stood at ₹703.97 lakh, slightly lower than the ₹713.24 lakh reported in Q4FY25. The board also approved the audited assets and liabilities statement, cash flow statement, and the audit review report.

Financial Performance

The company's total expenses for FY26 decreased to ₹2353.36 lakh from ₹2364.73 lakh in the prior year. Profit before tax for the year improved to ₹10.99 lakh from a loss before tax of ₹9.41 lakh in FY25. The basic earnings per share (EPS) for FY26 was reported at ₹0.21, compared to a negative EPS of ₹0.24 in the previous year.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 2352.30 2315.57
Total Expenses 2353.36 2364.73
Profit Before Tax 10.99 -9.41
Net Profit 7.96 -9.14
Basic EPS 0.21 -0.24

Operational and Regulatory Details

The statutory auditors, M/s MKPS & Associates, Chartered Accountants, issued an unmodified opinion on the audited financial results. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates primarily in the 'Textiles' segment. The board meeting, which commenced at 2:00 p.m. and concluded at 2:45 p.m. on May 27, 2026, also reviewed the company's overall performance for the period.

Historical Stock Returns for Peeti Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+4.54%+3.34%-15.89%-5.50%+5.29%

What specific cost-cutting measures or operational efficiencies drove the reduction in total expenses during FY26?

How does Peeti Securities plan to sustain this profitability given the slight decline in Q4 revenue?

Will the company consider declaring dividends or reinvesting profits to expand its Textiles segment?

More News on Peeti Securities

1 Year Returns:-5.50%