Pearl Global Industries Limited

Pearl Global Industries Limited (PGIL) has announced the incorporation of a new subsidiary, Great Pearl Vietnam Global Limited, in Vietnam. This entity is a step-down subsidiary of PGIL, incorporated through its existing Vietnam-based subsidiary, Vin Pearl Global Vietnam Limited. The new subsidiary, operating in the apparels sector, will focus on manufacturing garments and providing garment processing services. The initial investment in Great Pearl Vietnam Global Limited amounts to USD 1.2 Million, with Vin Pearl Global Vietnam Limited holding 100% of its paid-up share capital. This move signifies an expansion of PGIL's international operations and manufacturing capabilities.

Pearl Global Industries Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for all insiders, designated persons, and their immediate relatives starting from October 01, 2026. It will remain closed until 48 hours after the declaration of the unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026. The specific date for the Board of Directors' meeting to approve these results will be communicated separately.

Pearl Global Industries Limited (PGIL) has commissioned a new manufacturing and laundry facility in Bangladesh. This expansion adds approximately 7 million pieces to its annual garment capacity, increasing the company's total installed manufacturing capacity across all geographies to about 108 million pieces per annum. The move aims to strengthen PGIL's manufacturing footprint in Bangladesh, leveraging the country's favorable trade access to major global markets and its skilled, cost-efficient workforce. The expansion is expected to enhance operational efficiency, reduce washing costs and water consumption, with the sustainable laundry expansion projected to generate a Return on Capital Employed (ROCE) of 18-20%. This strategic capital expenditure reinforces PGIL's commitment to serving leading global customers and building a competitive manufacturing platform.

Pearl Global Industries Limited has allotted 4,61,90,542 bonus equity shares in a 1:1 ratio. This allotment doubles the company's paid-up equity share capital from ₹23,09,52,710 to ₹46,19,05,420. The new bonus shares rank pari-passu with existing shares and carry the same rights, including future dividends. The record date for this allotment was September 11, 2026.

Pearl Global Industries Ltd has announced Friday, September 11, 2026, as the record date for its upcoming bonus equity share issuance. The company plans to issue bonus shares in a 1:1 ratio, meaning one new bonus share for every existing fully paid-up equity share held. This will result in the issuance of up to 4,61,90,542 bonus equity shares, each with a face value of ₹5. The deemed date of allotment is September 15, 2026, with shares expected to be available for trading by September 16, 2026. This corporate action aims to reward shareholders and potentially increase the company's equity base.

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.

Pearl Global Industries Ltd has issued a corrigendum to its previous disclosure regarding a board meeting held on August 5, 2026. The correction clarifies specific points in the outcome. Notably, Major General Sandeep Vohra (Retd.) has been approved as an Additional Director in the capacity of Whole-Time Director for three years, effective August 5, 2026. The company also confirmed that Major General Sandeep Vohra (Retd.) is not debarred from holding a director position. Additionally, the board approved the draft notice for a postal ballot to seek shareholder approval for this appointment and for the issuance of bonus equity shares.

Pearl Global Industries Ltd has issued a corrigendum to the outcome of its Board Meeting held on August 05, 2026. The correction pertains to Point No. 2 and 6 of the original outcome. Point No. 2 now clarifies the approval for the appointment of Major General Sandeep Vohra (Retd.) as an Additional Director in the capacity of Whole-Time Director for three years, effective August 05, 2026. Point No. 6 confirms the approval of the draft Notice of Postal Ballot for seeking shareholder approval for this appointment and for the issuance of bonus equity shares. The company confirmed that Major General Sandeep Vohra (Retd.) is not debarred from holding a director's office.

Pearl Global Industries Ltd (PGIL) announced its unaudited financial results for the quarter ended June 30, 2026, reporting its highest-ever quarterly revenue of INR 1,528 crore, a 24.5% year-on-year increase. Adjusted EBITDA (excluding ESOP expense) rose 44.1% YoY to INR 164 crore, with EBITDA margin reaching a record 10.7%, up 140 basis points YoY. Profit After Tax (PAT) surged 51.4% YoY to INR 99 crore. Standalone revenue grew 27.4% YoY to INR 340 crore, with PAT at INR 12 crore. The company also achieved its highest-ever Q1 shipments, with 20.8 million pieces. PGIL received a dividend of approximately INR 5 crore from its Hong Kong subsidiary.

Pearl Global Industries Limited announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors also approved the appointment of Major General Sandeep Vohra (Retd.) as Whole-Time Director and recommended a bonus equity share issue in the ratio of 1:1, subject to shareholder approval. The proposal for sub-division of equity shares was deferred.