
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.
Price Impact
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