StockWatch
·
Garments & Apparels
Bonus5 Aug 2026, 09:10 pm

Pearl Global Industries Recommends 1:1 Bonus Issue

AI Summary

Pearl Global Industries Limited's Board of Directors has approved a bonus issue of equity shares in a 1:1 ratio, meaning one bonus share for every one existing share held. This proposal is subject to shareholder approval. The board also approved the un-audited financial results for the quarter ended June 30, 2026, and appointed Major General Sandeep Vohra (Retd.) as a Whole-Time Director for three years. The proposal for share sub-division was deferred. A Bonus Allotment Committee has been constituted.

Key Highlights

  • Board recommends a 1:1 bonus issue of equity shares.
  • Approved un-audited financial results for Q1 FY27.
  • Appointed Major General Sandeep Vohra (Retd.) as Whole-Time Director.
  • Proposal for share sub-division has been deferred.
  • Shareholder approval is required for the bonus issue.