AGM/EGM7 Oct 2026, 07:20 pm
Pearl Green Clubs to hold EGM on Oct 31, 2026 for Preferential Issue
AI Summary
Pearl Green Clubs and Resorts Ltd has announced an Extraordinary General Meeting (EGM) scheduled for October 31, 2026. The primary agenda is to consider and approve the issuance of up to 11,64,000 equity shares on a preferential basis. The issue price is set at ₹120 per share (face value ₹10, premium ₹110), aggregating to ₹13,96,80,000 (₹13.97 Crore). This preferential allotment is intended for non-promoter investors. The notice of the EGM, along with the explanatory statement detailing material facts, has been sent to members and is also available on the company's website.
Key Highlights
- EGM scheduled for October 31, 2026, to approve preferential share issue.
- Company plans to issue 11,64,000 equity shares at ₹120 each.
- Total issue size amounts to ₹13,96,80,000 (₹13.97 Crore).
- Shares to be allotted to non-promoter investors.
- Meeting to be held at the company's registered office.
Price Impact
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