Board Meeting3 Oct 2026, 04:30 pm
Pearl Green Clubs to Raise ₹13.97 Cr via Preferential Issue
AI Summary
Pearl Green Clubs and Resorts Ltd announced the outcome of its Board Meeting held on October 3, 2026. The board approved the raising of funds up to ₹13,96,80,000 (₹13.97 Crore) through the preferential allotment of 11,64,000 equity shares at an issue price of ₹120 per share. Additionally, the company decided to convene an Extra Ordinary General Meeting (EGM) on October 31, 2026, to approve this preferential issue. M/s. Nisarg Sharma & Associates has been appointed as the scrutinizer for the EGM's remote e-voting process.
Key Highlights
- Board approved preferential issue of equity shares.
- Fundraising target set at ₹13.97 Crore.
- 11,64,000 equity shares to be issued at ₹120 each.
- EGM scheduled for October 31, 2026, to seek shareholder approval.
- Scrutinizer appointed for EGM's remote e-voting.
Price Impact
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