Mukesh Kumar Sukhani HUF Discloses Sale of 2.51% Stake in Peoples Investments Ltd

1 min read     Updated on 02 Mar 2026, 05:34 PM
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Reviewed by
Shriram SScanX News Team
Overview

Mukesh Kumar Sukhani HUF disclosed the sale of 5017 equity shares (2.51% stake) in Peoples Investments Ltd through open market transactions executed between 11-10-2024 to 02-03-2026. The sale reduced the HUF's total holding from 7.42% to 4.91%, with the disclosure made under SEBI regulations to the Bombay Stock Exchange.

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Mukesh Kumar Sukhani HUF has disclosed the sale of equity shares in Peoples Investments Ltd through open market transactions, as required under SEBI regulations. The disclosure was submitted to the Bombay Stock Exchange under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The sale involved 5017 equity shares representing 2.51% of the total share capital of Peoples Investments Ltd. The transactions were executed through open market operations between 11-10-2024 to 02-03-2026.

Transaction Parameter: Details
Shares Sold: 5017 equity shares
Percentage Sold: 2.51%
Transaction Mode: Open Market
Transaction Period: 11-10-2024 to 02-03-2026
Target Company: Peoples Investments Ltd

Shareholding Pattern Changes

The sale resulted in a significant reduction in the HUF's stake in Peoples Investments Ltd. The detailed breakdown shows the impact on both the HUF and its Karta's individual holdings.

Holding Details: Before Sale After Sale Change
Mukesh Kumar Sukhani HUF: 13935 shares (6.97%) 9752 shares (4.88%) -4183 shares (-2.09%)
Mukesh Kumar Sukhani (Karta): 900 shares (0.45%) 66 shares (0.03%) -834 shares (-0.42%)
Total Combined Holding: 14835 shares (7.42%) 9818 shares (4.91%) -5017 shares (-2.51%)

Company Information

Peoples Investments Ltd is listed on the BSE with an equity share capital of Rs. 2000000 divided into 200000 equity shares of Rs. 10 each. The company's share capital structure remained unchanged following these transactions. The disclosure confirms that Mukesh Kumar Sukhani HUF does not belong to the promoter or promoter group of the target company.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition and disposal of shares. Mukesh Kumar Sukhani, acting as Karta of the HUF, submitted the required documentation to the Bombay Stock Exchange for record purposes. The filing includes detailed information about the shareholding pattern before and after the transaction, ensuring transparency in the capital market operations.

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Peoples Investments Limited Reports Q3FY26 Turnaround with Regulatory Compliance

2 min read     Updated on 05 Feb 2026, 07:33 PM
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Reviewed by
Jubin VScanX News Team
Overview

Peoples Investments Limited reported a significant financial turnaround for Q3FY26 with net profit of ₹0.38 lakhs against previous year's loss of ₹1.48 lakhs, supported by remarkable income growth of 9,900% and controlled expenses, while fulfilling all SEBI regulatory compliance and publication requirements.

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Peoples Investments Limited has reported a notable turnaround in its financial performance for the quarter ended December 31, 2025, marking a shift from losses to profitability. The Mumbai-based financial consultancy services company announced these results following a board meeting held on February 5, 2026, and has completed all regulatory compliance requirements.

Financial Performance Overview

The company's quarterly and nine-month performance demonstrates a clear improvement across key financial metrics:

Metric Q3FY26 Q3FY25 Change 9M FY26 9M FY25 Change
Total Income (₹ lakhs) 2.00 0.02 +9,900% 7.00 5.02 +39.44%
Total Expenses (₹ lakhs) 1.73 1.90 -8.95% 5.30 5.32 -0.38%
Net Profit/(Loss) (₹ lakhs) 0.38 (1.48) Turnaround 1.43 (0.30) Turnaround
EPS (₹) 0.19 (0.73) Turnaround 0.72 (0.15) Turnaround

Revenue and Income Analysis

The company's total income from operations surged to ₹2.00 lakhs in Q3FY26, representing a substantial increase from ₹0.02 lakhs in the corresponding quarter of the previous year. For the nine-month period, total income reached ₹7.00 lakhs compared to ₹5.02 lakhs in the previous year, reflecting a growth of 39.44%.

Expense Management

Peoples Investments demonstrated effective cost control during the quarter, with total expenses declining to ₹1.73 lakhs in Q3FY26 from ₹1.90 lakhs in Q3FY25. The expense breakdown shows:

  • Employee benefit expenses: Remained stable at ₹0.15 lakhs
  • Professional fees: Decreased to ₹0.36 lakhs from ₹0.47 lakhs
  • Listing fees: Marginally reduced to ₹0.95 lakhs from ₹0.96 lakhs
  • Advertisement expenses: Declined to ₹0.09 lakhs from ₹0.20 lakhs

Profitability Turnaround

The company achieved a significant turnaround in profitability, reporting a net profit of ₹0.38 lakhs in Q3FY26 against a net loss of ₹1.48 lakhs in Q3FY25. This improvement was driven by higher income and controlled expenses, resulting in a profit from ordinary activities before tax of ₹0.27 lakhs compared to a loss of ₹1.88 lakhs in the previous year.

Regulatory Compliance and Publication

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published its unaudited financial results in Financial Express (English) and Mumbai Lakshadeep (Marathi) newspapers in accordance with Regulation 47 of the Listing Regulations. Ms. Suma G. Nair, Director of the Company (DIN: 07100911), has been authorized by the board to sign the financial results and handle regulatory compliance matters.

Corporate Governance and Business Operations

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 5, 2026. The results have been prepared in accordance with Indian Accounting Standard 34 and were subject to a limited review by statutory auditors Khandhar Mehta and Shah. Peoples Investments Limited operates solely in financial consultancy services, which constitutes its only reportable business segment, maintaining its registered office at New Hind House, Ballard Estate, Mumbai.

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