StockWatch
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Garments & Apparels
Shareholding31 Aug 2026, 05:30 pm

Promoter Sells 1.19% Stake in Pearl Global Industries

AI Summary

Dr. Deepak Kumar Seth, a promoter of Pearl Global Industries Limited, has sold 5,50,000 equity shares, representing 1.19% of the company's total shareholding, through an open market sale. This transaction occurred on August 26, 2026. Following the sale, Dr. Seth's shareholding in the company has reduced from 11.04% to 9.85%. The total equity share capital of the company remains unchanged at Rs. 23,09,52,710/-. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Dr. Deepak Kumar Seth sold 1.19% stake.
  • Sale of 5,50,000 equity shares via open market.
  • Dr. Seth's holding reduced from 11.04% to 9.85%.
  • Transaction reported under SEBI Takeover Regulations.
  • No change in company's total equity share capital.