Pearl Green Clubs & Resorts Limited has witnessed another change in its promoter shareholding structure, with promoter Karamvir Singh Hemantsingh Jhala reducing his stake through open market transactions on December 17, 2025. The company filed an official disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with BSE Limited.

Latest Promoter Share Sale

The regulatory filing detailed the recent transaction executed by the promoter:

Updated Shareholding Pattern

Following the transaction, Karamvir Singh Hemantsingh Jhala's shareholding in Pearl Green Clubs and Resorts Limited has been revised:

Company Share Capital Structure

The company's total share capital remains unchanged, as confirmed in the regulatory disclosure:

Regulatory Compliance

The disclosure was filed with BSE Limited in compliance with SEBI regulations requiring disclosure of substantial acquisitions or disposals of shares by promoters. The filing referenced the latest company filing done under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This latest transaction continues the recent pattern of promoter stake adjustments in Pearl Green Clubs and Resorts Limited through open market sales.

Pearl Green Clubs & Resorts Limited, a hospitality company based in Gujarat, has reported a net loss for the second quarter of the fiscal year 2025-26, alongside a significant decline in revenue. The company's financial performance shows challenges in the current market environment.

Financial Highlights

Key Financial Outcomes

• Quarterly Performance: Pearl Green Clubs & Resorts reported a net loss of Rs 4.06 lacs for the quarter ended September 30, 2025, compared to a profit of Rs 2.02 lacs in the same quarter of the previous year.

• Half-Yearly Results: For the first half of FY2025-26, the company's loss widened to Rs 29.89 lacs from Rs 17.87 lacs in the corresponding period last year.

• Revenue Decline: The company experienced a substantial decrease in revenue from operations, which fell to Rs 61.47 lacs in Q2 FY2025-26 from Rs 564.79 lacs in Q2 FY2024-25. For the first half of FY2025-26, revenue declined to Rs 61.47 lacs from Rs 76.93 lacs in the same period of the previous year.

• Asset Base: As of September 30, 2025, the company's total assets stood at Rs 2,583.85 lacs, showing a marginal increase from Rs 2,571.79 lacs as of March 31, 2025.

Operational Overview

The company's financial statements reveal several operational aspects:

• Capital Work-in-Progress: A significant portion of the company's assets (Rs 937.55 lacs) is tied up in capital work-in-progress, indicating ongoing development or expansion projects.

• Cash Position: The cash and bank balance decreased to Rs 16.44 lacs from Rs 49.82 lacs at the end of the previous fiscal year.

• Loans and Advances: Short-term loans and advances decreased to Rs 605.40 lacs from Rs 654.83 lacs, potentially impacting the company's liquidity.

Management Actions

The Board of Directors approved these unaudited financial results in their meeting held on November 10, 2025. The meeting, which started at 06:15 p.m. and concluded at 07:05 p.m., also included a review of other business matters of the company.

Pearl Green Clubs & Resorts Limited continues to face challenges in its operational performance, as reflected in the declining revenues and widening losses. The company's focus on capital work-in-progress suggests ongoing investments, which may be aimed at future growth or operational improvements.