Pearl Global Industries Forms Singapore Trading Subsidiary for Global Market Expansion

Pearl Global Industries has officially incorporated a new subsidiary in Singapore through its Hong Kong arm, marking a strategic expansion into global trading operations. The company disclosed the formation of Pearl Global Fashion Singapore Pte Limited under Regulation 30 of SEBI regulations on March 27, 2026.

Subsidiary Incorporation Details

Pearl Global (HK) Limited, the wholly-owned subsidiary of Pearl Global Industries, has established Pearl Global Fashion Singapore Pte Limited as a step-down subsidiary. The new entity received approval from Singapore's Accounting and Corporate Regulatory Authority (ACRA) and commenced operations with an initial investment structure.

Parameter: Details Subsidiary Name: Pearl Global Fashion Singapore Pte Limited Incorporation Date: March 27, 2026 Country: Singapore Holding Company: Pearl Global (HK) Limited Initial Investment: 1 Equity Share of 1 USD Ownership: 100% by Hong Kong subsidiary

Business Operations and Market Focus

The Singapore subsidiary will function as a trading company specifically designed to serve clients across Asia, Japan, Europe, and US markets. Operating in the apparels industry, the new entity strengthens Pearl Global's international presence and trading capabilities across multiple geographic regions.

Regulatory Compliance and Structure

The incorporation follows proper regulatory procedures with cash consideration for the shareholding structure. Pearl Global (HK) Limited holds 100% of the paid-up share capital of the Singapore entity, maintaining complete control over the step-down subsidiary's operations and strategic direction.

Regulatory Aspect: Details SEBI Regulation: Regulation 30 compliance Approval Authority: ACRA, Singapore Consideration Type: Cash consideration Industry Classification: Apparels Target Markets: Asia/Japan/Europe/US

This strategic move positions Pearl Global Industries to leverage Singapore's favorable business environment and strategic location for enhanced market penetration across key international markets, particularly strengthening its trading operations in the competitive global apparels sector.

Pearl Global Industries Limited has announced a scheduled plant visit for analysts and investors at its Chennai facility, demonstrating the company's commitment to transparency and stakeholder engagement.

Meeting Details and Schedule

The company has organized a comprehensive plant visit scheduled for March 27, 2026, providing analysts and investors with an opportunity to gain firsthand insights into the company's operations. The visit details are structured as follows:

Parameter: Details Date & Time: March 27, 2026, 10:00 AM onwards Nature of Meeting: Analysts/Investors group plant visit Mode of Meeting: Physical – Group meeting Location: Chennai Plant

Regulatory Compliance and Information Disclosure

The plant visit is being conducted in strict adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, specifically under Regulation 30. Pearl Global Industries has emphasized that all discussions during the visit will be based exclusively on publicly available information, ensuring complete transparency in stakeholder communications.

The company has specifically stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions, maintaining compliance with regulatory requirements and protecting all stakeholders' interests.

Administrative Details and Flexibility

Pearl Global Industries has acknowledged that changes may occur due to exigencies on the part of participants or the company, demonstrating flexibility while maintaining professional standards. The company has made the meeting details available on its official website at www.pearlglobal.com , ensuring broad accessibility of information.

The announcement was formally communicated to both BSE Limited and National Stock Exchange of India Limited on March 20, 2026, by Company Secretary & Compliance Officer Shilpa Saraf, maintaining proper regulatory notification protocols.

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