Pearl Green Clubs & Resorts Announces Key Management Changes

1 min read     Updated on 16 Sept 2025, 05:13 PM
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Overview

Pearl Green Clubs & Resorts Limited has reported significant changes in its management team. Ms. Bhumikaben Rajeshbhai Panwala, Company Secretary and Compliance Officer, has resigned effective September 16, 2025, citing a desire for better work-life balance. Two board members, Ms. Sonali Sandeep Joshi (Independent Director) and Mr. Vishal Sharma (Non-Executive Director), have also stepped down effective September 15, 2025. The company has acknowledged their contributions and reported these changes in compliance with SEBI regulations.

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Pearl Green Clubs & Resorts Limited has announced significant changes in its management team, with three key personnel departing from their roles.

Company Secretary Resignation

Ms. Bhumikaben Rajeshbhai Panwala has tendered her resignation from the position of Company Secretary and Compliance Officer, effective September 16, 2025. According to the company's statement, Ms. Panwala cited her desire to seek a role that offers better work-life balance in alignment with her current personal priorities as the reason for her departure.

Board Member Resignations

In addition to the Company Secretary's resignation, Pearl Green Clubs & Resorts has also disclosed the departure of two board members:

  1. Ms. Sonali Sandeep Joshi (DIN: 10648603) has stepped down from her role as an Independent Director, effective September 15, 2025.

  2. Mr. Vishal Sharma (DIN: 10727395) has resigned from his position as a Non-Executive Director, also effective September 15, 2025.

The company's Board of Directors has acknowledged the contributions of both Ms. Joshi and Mr. Sharma, expressing appreciation for their valuable guidance during their tenure with Pearl Green Clubs & Resorts.

Regulatory Compliance

These resignations have been reported in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the necessary details as required by SEBI, including the effective dates of cessation for each departing member.

Pearl Green Clubs & Resorts Limited will need to address these departures and potentially announce replacements for these key positions in the near future. The impact of these management changes on the company's operations and governance structure remains to be seen.

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