Pearl Polymers has confirmed that its promoters and members of the promoter group have not created any encumbrance on the equity shares held by them during the financial year 2025-26. The disclosure was made to the National Stock Exchange of India Ltd. and BSE Ltd. on April 07, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

The company submitted declarations on behalf of several individuals and entities within the promoter group. The signatories included Chand Seth, a promoter of the company, and other promoter group members such as Suneeta Seth, Amit Seth, Varun Seth, and Udit Seth. Additionally, corporate entities including Pacific Pearl Finance and Leasing Private Limited, Pearl Telephonics Private Limited, Pearl Flats (India) LLP, and Theta Investment Private Limited submitted confirmations stating they had not pledged or encumbered their shares directly or indirectly.

Declaration Details

The declarations affirm that no shares were encumbered during the specified period. The following table lists the entities and individuals who provided the confirmations:

The filing was formally submitted by Prachi Tyagi, Company Secretary of Pearl Polymers. The communication was addressed to the Department of Corporate Services at both the National Stock Exchange of India Ltd. and BSE Ltd. to place the declarations on record.

Pearl Polymers Limited narrowed its net loss to ₹476.89 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹512.00 lakh in the previous year. The company reported revenue from operations of ₹1,970.31 lakh for FY26, a decrease from ₹2,197.21 lakh in FY25. The Board of Directors approved the audited financial results on May 26, 2026. The company published the extract of these audited financial results in the Financial Express and Hari Bhoomi newspapers on May 27, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company’s total revenue for FY26 stood at ₹2,265.36 lakh, down from ₹2,516.81 lakh in the preceding year. Total expenses for the period were ₹2,756.87 lakh, lower than the ₹3,043.94 lakh recorded in FY25. The basic and diluted earnings per share (EPS) for the year improved to a loss of ₹2.83 per share, compared to a loss of ₹3.04 per share in the previous year.

For the quarter ended March 31, 2026, Pearl Polymers reported a net loss of ₹408.22 lakh. Revenue from operations for the quarter was ₹559.37 lakh, while total expenses amounted to ₹870.99 lakh. The net loss for the corresponding quarter in the previous year was ₹442.73 lakh.

Financial Performance

The following table outlines the key financial metrics for Pearl Polymers for the year and quarter ended March 31, 2026:

Operational and Cash Flow Details

The company’s cash and cash equivalents as of March 31, 2026, stood at ₹71.35 lakh, comprising ₹0.41 lakh in cash on hand and ₹35.94 lakh in balances with scheduled banks. Net cash from operating activities for the year was negative at ₹495.51 lakh, while net cash from investing activities was positive at ₹460.93 lakh.

Goel Goyal and Co., Chartered Accountants, issued an audit report with an unmodified opinion on the financial results. The auditor confirmed that the results give a true and fair view of the company's financial position in conformity with Indian Accounting Standards. The figures for the quarter ended March 31, 2026, are derived as the difference between the audited annual figures and the published unaudited figures for the nine months ended December 31, 2025.