Pearl Global Industries Allots 13,600 Equity Shares Under ESOP Plan 2022

Pearl Global Industries Limited has allotted 13,600 equity shares of face value Rs. 5/- each on May 08, 2026, to eligible employees of the company and its subsidiaries. The allotment was made under the Pearl Global Industries Limited Employee Stock Option Plan 2022 (ESOP Plan 2022), following the exercise of vested stock options by the beneficiaries. The Nomination and Remuneration Committee approved the allotment, and the disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESOP Allotment Details

The allotment was carried out in compliance with Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The newly issued shares carry distinctive numbers ranging from 4,61,46,018 to 4,61,59,617 and have been issued in dematerialised form. The shares are identical in all respects to the existing equity shares of the company and are not subject to any lock-in period.

The key details of the allotment are presented below:

Parameter: Details Date of Issue: May 08, 2026 Number of Shares Issued: 13,600 Face Value per Share: Rs. 5/- Exercise Price per Share: Rs. 150/-, Rs. 225/-, Rs. 375/-, Rs. 448/- and Rs. 675/- Premium per Share: Rs. 145/-, Rs. 220/-, Rs. 370/-, Rs. 443/- and Rs. 670/- Distinctive Numbers: 4,61,46,018 to 4,61,59,617 Lock-in Period: None ISIN: INE940H01022

Post-Allotment Share Capital

Following this issuance, the company's share capital has been updated as outlined below:

Metric: Details Total Issued Shares (Post-Issue): 4,61,59,617 Total Issued Share Capital (Post-Issue): Rs. 23,07,98,085/-

Scheme Background

The ESOP Plan 2022 was originally filed with the recognised stock exchanges on 06th September, 2022, with filing numbers NSE: 32401 and BSE: 2487. The scheme covers equity shares listed on both BSE Limited and the National Stock Exchange of India Limited. Pearl Global Industries is registered and headquartered at Pearl Tower, Plot No. 51, Sector-32, Gurugram – 122001, Haryana.

The intimation was signed by Shilpa Saraf, Company Secretary and Compliance Officer (ICSI M. No.: ACS-23564), on behalf of Pearl Global Industries Limited.

Pearl Global Industries Limited has filed a statutory declaration with the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration, submitted on April 03, 2026, covers the financial year ended March 31, 2026, and was made by the company's promoters along with Persons Acting in Concert.

Regulatory Filing Details

The declaration was addressed to both major Indian stock exchanges where the company's shares are listed. The key details of the filing are outlined below:

Parameter: Details Filing Date: April 03, 2026 Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Financial Year: Ended March 31, 2026 Filed With: BSE Limited and National Stock Exchange of India Ltd. Signed By: Pulkit Seth Registered Office: Pearl Tower, Plot No. 51, Sector-32, Gurugram, Haryana – 122001

Nature of the Declaration

The filing constitutes a mandatory annual disclosure requirement under SEBI's takeover regulations. As stipulated under Regulation 31(4), promoters of listed companies and their Persons Acting in Concert are required to submit this declaration to the stock exchanges at the end of each financial year. The declaration was duly enclosed with the communication sent to the Department of Corporate Services – CRD at BSE Limited and the Listing Department at the National Stock Exchange of India Ltd.

The submission was made via email and acknowledged by the company's Audit Committee at its registered address in Gurugram, Haryana. Pulkit Seth signed the declaration on behalf of Pearl Global Industries, confirming compliance with the applicable regulatory framework for the financial year ended March 31, 2026.

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