Pearl Green Clubs and Resorts Limited has disclosed a penalty imposed by BSE Limited regarding regulatory compliance for the quarter ended March 2025. The stock exchange levied a fine of ₹1,06,200, inclusive of GST, on the company for alleged non-compliance with Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The specific reason for the penalty relates to the non-appointment of a qualified company secretary as the compliance officer during the stated period. According to the intimation submitted under Regulation 30, the company received the communication regarding the fine on May 20, 2026. The management confirmed that the payment for the said penalty has already been processed.

Impact Assessment

In its disclosure, the company addressed the potential consequences of this regulatory action. It stated that there is no material impact of the fine on the financial, operational, or other activities of the listed entity. The details of the penalty and the associated compliance requirements were provided in accordance with SEBI Master Circulars issued in November 2024 and January 2026.

Penalty Details

The following table outlines the key particulars of the regulatory action as disclosed by the company:

Pearl Green Clubs and Resorts Limited has issued a Postal Ballot Notice dated April 24, 2026, seeking approval from its members to double the company's Authorised Share Capital. The notice, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was dispatched to eligible members on May 13, 2026. The resolution is being put to vote exclusively through the remote e-voting mechanism facilitated by Central Depository Services (India) Limited (CDSL).

Proposed Increase in Authorised Share Capital

The Board of Directors, at its meeting held on Friday, April 24, 2026, approved a proposal to increase the Authorised Share Capital of the company. The resolution, classified as an Ordinary Resolution, seeks to raise the capital base to support the company's future growth plans, expansion activities, and to facilitate the raising of further capital. The proposed change also requires a corresponding alteration to Clause V of the Memorandum of Association of the Company.

The key details of the proposed capital restructuring are as follows:

Consequently, Clause V of the Memorandum of Association will be substituted to read: "The share Capital of the Company is Rs. 10,00,00,000 (Ten crore) divided into 1,00,00,000 (One Crore) Equity Shares of 10 Rupees each." The Board has recommended the Ordinary Resolution for approval by the members of the Company.

E-Voting Schedule and Key Dates

The Postal Ballot Notice is being sent only through electronic mode to members whose names appear in the register of members as on the cut-off date. The e-voting facility is being provided by CDSL, and members are required to cast their votes electronically within the stipulated period. The key dates governing the postal ballot process are outlined below:

Voting rights of members shall be in proportion to the shares held by them in the paid-up equity share capital of the Company as on the cut-off date of Friday, May 08, 2026. The e-voting module shall be disabled by CDSL after 5:00 P.M. (IST) on Friday, June 12, 2026.

Scrutinizer and Results Declaration

Pursuant to Rule 22 of the Companies (Management and Administration) Rules, 2014, the Board has appointed M/s Rawal & Co., Practicing Company Secretary (Membership No. 43231 and COP No. 22687), as the Scrutinizer to conduct the postal ballot voting process in a fair and transparent manner. The Scrutinizer will submit the report to the Chairman of the Company after completion of scrutiny.

The results of the Postal Ballot will be announced within two (2) working days from the close of the voting period. Results will be hosted on the company's website at https://pearlgreenclubsresort.com/ and on the CDSL website at https://evoting.cdslindia.com . The results, along with the Scrutinizer's Report, will also be communicated to BSE Limited. If approved by the requisite majority, the resolution shall be deemed to have been passed on Friday, June 12, 2026, being the last date of remote e-voting.

Shareholder Participation and Disclosures

None of the Directors, Key Managerial Personnel, or their relatives are concerned or interested, financially or otherwise, in the proposed resolution, except to the extent of their shareholding in the Company, if any. Members who are unable to participate through their depository accounts may contact the CDSL helpdesk at helpdesk.evoting@cdslindia.com or at toll-free number 1800 21 09911 for assistance. The Postal Ballot Notice is also available on the company's website and on the BSE website at www.bseindia.com .