Pearl Polymers Limited has submitted a revised outcome of its board meeting to stock exchanges, correcting an inadvertent omission in the original filing dated February 12, 2026. The company acknowledged that information relating to the re-appointment of an independent director was missing from the initial submission under Regulation 30 of SEBI (LODR) Regulations, 2015.

Board Meeting Decisions

The board meeting held on February 12, 2026, addressed two key matters. The directors considered and approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the re-appointment of Mr. Anant Kanoi as Independent Director for five years from March 30, 2026.

Financial Performance Q3 FY25

The company's unaudited financial results for the quarter ended December 31, 2025, show mixed performance indicators. Revenue from operations decreased compared to the previous year, while the net loss position improved.

Nine Months Performance

For the nine months ended December 31, 2025, the company reported revenue from operations of ₹1,410.94 lakhs compared to ₹1,574.40 lakhs in the corresponding period of the previous year. The net loss for the nine-month period stood at ₹68.67 lakhs versus ₹69.27 lakhs in the previous year.

Independent Director Profile

Mr. Anant Kanoi brings significant experience to his continued role as Independent Director. He holds a Bachelor of Science degree in Industrial & Operations Engineering from the University of Michigan at Ann Arbor, specializing in Lean Manufacturing & Supply Chain Management. Currently serving as Managing Director of Bhabani Pigments Pv. Ltd., he has guided the company to achieve approximately 20% CAGR over two decades.

Key Qualifications:

• Former President of The Entrepreneurs' Organization (EO) - New Delhi
• Current member of Regional Council of EO, South Asia
• Previous experience with international companies including Pepsi Co and Ford Motor Company
• Not related to any Director or Promoter of the company

Regulatory Compliance

The financial results have been reviewed by statutory auditors M/s Goel Goyal & Co., Chartered Accountants, who issued a limited review report. The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. Company Secretary Prachi Tyagi signed the revised submission on April 04, 2026, acknowledging the delay as purely inadvertent and unintentional.

Pearl Polymers Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company, which operates in the PET bottles, jars, and containers business under the "Pearl Pet" brand, reported mixed performance with reduced losses despite declining revenues.

Q3FY26 Financial Performance

The company's third quarter performance showed improvement in loss reduction while facing revenue challenges. Pearl Polymers reported a net loss of ₹164.26 lakhs for Q3FY26, which represents a significant 25.90% improvement compared to the net loss of ₹221.69 lakhs recorded in Q3FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Pearl Polymers demonstrated marginal improvement in its financial position. The company reported a net loss of ₹68.67 lakhs compared to ₹69.27 lakhs in the corresponding period of the previous year.

Operational Metrics and Cost Structure

The company's expense management showed positive trends during the quarter. Total expenses decreased to ₹629.38 lakhs in Q3FY26 from ₹743.07 lakhs in Q3FY25, representing a 15.29% reduction. Key expense components included:

• Purchase of stock in trade: ₹252.88 lakhs
• Employee benefit expenses: ₹131.00 lakhs
• Other expenditure: ₹211.94 lakhs
• Finance costs remained low at ₹1.33 lakhs

Corporate Governance and Compliance

The financial results were reviewed by the company's Audit Committee and subsequently approved by the Board of Directors at their meeting held on February 12, 2026. The results were prepared in accordance with Indian Accounting Standards (Ind-AS) and received a limited review from statutory auditors M/s Goel Goyal & Co., Chartered Accountants.

Business Outlook

Pearl Polymers maintains its focus on the PET packaging segment, operating as a single reportable business segment. The company's paid-up equity share capital remained stable at ₹1,682.68 lakhs throughout the reporting periods. With improved cost management and reduced losses, the company continues its efforts toward operational efficiency in the competitive packaging industry.