Walchand PeopleFirst Approves Q1 Results and Appoints New Company Secretary

1 min read     Updated on 31 Jul 2025, 02:56 PM
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Overview

Walchand PeopleFirst (BSE: 501370) held a board meeting on July 31, 2025, approving unaudited financial results for Q1 ending June 30, 2025. The company appointed Mr. Deepak Kumar Nayak as the new Company Secretary, Compliance Officer, and IEPF Nodal Officer, effective July 31, 2025. The trading window for designated persons is closed from July 1 to August 4, 2025, in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Walchand Peoplefirst , a company listed on the Bombay Stock Exchange (BSE: 501370), has made significant announcements following its board meeting held on July 31, 2025. The company's Board of Directors convened to discuss and approve key matters, including financial results and a new appointment to its leadership team.

Quarterly Financial Results Approved

The board has approved the unaudited financial results for the quarter ended June 30, 2025. These results, accompanied by a Limited Review Report from the company's auditors, mark an important milestone in Walchand PeopleFirst's financial calendar. The approval of these results provides stakeholders with insights into the company's performance for the first quarter of the fiscal year.

New Company Secretary Appointed

In a move to strengthen its corporate governance structure, Walchand PeopleFirst has appointed Mr. Deepak Kumar Nayak as the new Company Secretary, Compliance Officer, and Nodal Officer under the Investor Education and Protection Fund (IEPF). This appointment is effective from July 31, 2025.

Mr. Nayak brings a wealth of expertise to his new role:

  • He is a qualified Company Secretary from the Institute of Company Secretaries of India, holding the ACS number 75012.
  • He has earned a law degree from Madhusudan Law University, Cuttack.
  • Mr. Nayak also holds a Bachelor's degree in Commerce from Utkal University.
  • His expertise lies in corporate governance and compliance matters.

The company has confirmed that Mr. Nayak is not related to any director of Walchand PeopleFirst, ensuring independence in his role.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, Walchand PeopleFirst has announced the closure of its trading window. This closure affects designated persons of the company and their immediate relatives. The trading window, which has been closed since July 1, 2025, will remain so until August 4, 2025. This period encompasses 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2025.

Board Meeting Details

The board meeting where these decisions were made took place at the company's registered office in Mumbai. The meeting commenced at 1:02 PM and concluded at 2:10 PM on July 31, 2025.

These developments reflect Walchand PeopleFirst's commitment to maintaining transparent communication with its stakeholders and ensuring robust corporate governance practices. The approval of quarterly results and the appointment of a new Company Secretary are significant steps in the company's ongoing operations and compliance efforts.

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