Management Change29 May 2026, 07:11 pm
Peninsula Land: Pawan Swamy Reappointed, Nandan Piramal Joint MD
AI Summary
Peninsula Land Ltd announces the reappointment of Pawan Swamy as an Independent Director for a second term effective November 11, 2026, subject to shareholder approval. Additionally, Nandan Piramal has been redesignated from Whole-time Director to Managing Director, designated as Joint Managing Director, also subject to shareholder approval. The decisions were made during a Board of Directors meeting held on May 29, 2026. The board also approved the appointment of M/s. Aneja Assurance Private Limited as Internal Auditor for the financial year 2026-2027.
Key Highlights
- Pawan Swamy reappointed as Independent Director, effective November 11, 2026.
- Nandan Piramal redesignated as Joint Managing Director, pending shareholder approval.
- M/s. Aneja Assurance Private Limited appointed as Internal Auditor for FY 2026-2027.
- Board meeting held on May 29, 2026, approved the appointments and redesignation.
- Standalone and Consolidated Audited Financial Results approved for FY ended March 31, 2026.
Price Impact
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