Pearl Green Clubs and Resorts Limited will convene a board meeting on Tuesday, September 29, 2026, to evaluate a proposal for augmenting its financial resources. The company plans to raise funds by issuing equity shares or convertible equity warrants, subject to regulatory and shareholder approvals.

Board agenda and fund raising details

The meeting is scheduled at the company's registered office in Gandhinagar, Gujarat. The primary agenda item involves deciding on the method of fund raising. The board will assess whether to proceed with the issue of equity shares, convertible equity warrants, or any other permissible method as determined by the directors.

This initiative aims to strengthen the company's balance sheet and support its operational requirements. The proposal remains subject to statutory approvals, including consent from the shareholders of the company.

Trading window closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations and the company's internal code of conduct, the trading window for dealing in securities has been closed. This restriction applies to all insiders, including designated persons and their immediate relatives.

The trading window closure commenced on Thursday, September 24, 2026. It will remain closed until 48 hours after the declaration of the outcome of the board meeting.

Pearl Green Clubs & Resorts released the final e-voting results for its eighth annual general meeting held on September 3, 2026. All eight resolutions on the agenda were passed unanimously by the shareholders who participated in the remote e-voting process.

The meeting, conducted via video conferencing from Gandhinagar, Gujarat, concluded within 15 minutes. Hemantsingh Naharsingh Jhala, the managing director, chaired the proceedings. Ms. Nisha Parbat, company secretary, introduced the board and stakeholders.

Voting Participation

The scrutinizer’s report filed with the BSE on September 5, 2026, detailed the participation metrics. Out of 431 shareholders on the record date of August 27, 2026, only 10 members cast their votes. These voters represented 12,08,900 shares, which is approximately 45.16% of the total outstanding equity capital of 26,77,100 shares.

All votes were cast via remote e-voting between August 31 and September 2, 2026. No shares were voted against any resolution, and there were zero invalid votes recorded across all categories.

Key Resolutions Passed

Shareholders transacted both ordinary and special business items during the session. The audited financial statements for the fiscal year ended March 31, 2026 were adopted without qualification.

The appointment of M/S Hirai Prajapati & Co LLP as statutory auditors covers a term of five consecutive years, extending until the conclusion of the 13th annual general meeting in September 2031. This replaces the casual vacancy previously filled by the same firm.

Governance Updates

The board regularized the appointments of two independent directors, Mrs. Durga Kumari Modi and Mr. Parth Hasmukhbhai Patel. Mr. Mohit Sunil Nagdev was re-appointed as a non-executive director after retiring by rotation.

Rawal & Co served as the scrutinizer for the voting process. The final results confirm that all agenda items received full support from the participating promoter and public shareholders.