Pearl Global Industries Limited held its 37th Annual General Meeting on July 20, 2026, through Video Conferencing. The meeting approved the audited financial results for the financial year ended March 31, 2026. Shareholders adopted the Standalone and Consolidated Audited Financial Statements for the year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors thereon. The meeting noted that there were no qualifications in the Standalone and Consolidated Audit Reports.

The facility for remote e-voting was provided from July 17, 2026, to July 19, 2026. Mr. Jayant K Sood, Practicing Company Secretary, was appointed as the Scrutinizer for the e-voting process. All resolutions were passed with the requisite majority based on the report of the Scrutinizer.

Resolutions Passed

The meeting considered and approved several resolutions regarding the company's governance and leadership. The Board of Directors and Auditors' reports were taken as read during the proceedings.

Voting Summary

The voting results for the key resolutions indicated strong shareholder approval. The total number of valid votes cast for the adoption of financial statements was 39,792,199, with 100% voting in favour. Mr. Pulkit Seth received 97.93% votes in favour for his re-appointment, while Mr. Rajesh Kumar Singh received 100% votes in favour for his appointment as Independent Director. The resolution for related party transactions was also passed with 100% of the votes polled in favour.

Ms. Shilpa Saraf, Company Secretary and Compliance Officer, confirmed the voting results. The meeting concluded with a vote of thanks.

pearl global industries has confirmed that its promoters and persons acting in concert did not create any encumbrance on shares during the financial year ended March 31, 2026. The declaration, submitted to BSE Limited and National Stock Exchange of India Ltd., was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure ensures transparency regarding the pledging or hypothecation of promoter holdings, a key metric for investor risk assessment.

The filing was signed by promoters Pulkit Seth, Payel Seth, Deepak Kumar Seth, and Shifalli Seth. Additionally, a declaration was submitted on behalf of Nim International Commerce LLP, which is part of the promoter group. The document explicitly notes that the shareholding of Nim International Commerce LLP in Pearl Global Industries Limited remained nil during the financial year 2025-26.

The submission was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at the National Stock Exchange of India Ltd. A copy of the declaration was also forwarded to the Audit Committee of Pearl Global Industries Limited. The disclosure was digitally signed and dated April 07, 2026.

Declaration Details

The declaration covers the following entities and their shareholding status:

The confirmation of zero encumbrance indicates that the promoters have not used their shareholding as collateral to secure loans during the specified period. This reduces the risk of forced sales or stake dilution due to margin calls, which is a positive signal for the company's corporate governance standards.