Pearl Green Clubs and Resorts Promoter Reduces Stake by 0.20% Through Open Market Sale

Pearl Green Clubs & Resorts Limited has disclosed a share transaction by one of its promoters under regulatory compliance requirements. The company filed the disclosure on March 13, 2026, with BSE Limited regarding the sale of equity shares by promoter Nanvi Hemantsingh Jhala. Transaction Details The disclosure, made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals that Jhala sold 5,400 equity shares through an open market transaction on March 12, 2026. This represents 0.20% of the company's total shareholding. Transaction Parameter: Details Shares Sold: 5,400 equity shares Transaction Value: 0.20% of total shareholding Transaction Date: March 12, 2026 Transaction Mode: Open Market Seller: Nanvi Hemantsingh Jhala (Promoter) Shareholding Changes The transaction resulted in a reduction of Jhala's stake in the company. Prior to this sale, the promoter held 1,24,400 shares representing 4.65% of the total equity. Following the transaction, the holding decreased to 1,19,000 shares, representing 4.45% of the company's total shareholding. Shareholding Details: Before Transaction After Transaction Number of Shares: 1,24,400 1,19,000 Percentage Holding: 4.65% 4.45% Voting Rights: 4.65% 4.45% Company Share Capital Structure Pearl Green Clubs and Resorts Limited's equity share capital structure remained unchanged following this transaction. The company maintains a total equity share capital of 26,77,100 equity shares of Rs.10/- each, amounting to Rs. 2,67,71,000/-. The share capital figures are based on the latest filing done by the company to the stock exchange under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as of September 30, 2025. Regulatory Compliance The disclosure demonstrates the company's adherence to SEBI regulations regarding substantial acquisition and disposal of shares. The transaction was properly reported to BSE Limited, where the company's shares are listed under scrip code 543540. The promoter confirmed no encumbrances, voting rights other than equity shares, or convertible securities were involved in this transaction. Pearl green clubs & resorts Limited has announced the appointment of Mr. Mohit Sunil Nagdev as Additional Director, marking a significant addition to its board leadership. The appointment was formally approved during a board meeting held on February 26, 2026, and communicated to BSE Limited in compliance with regulatory requirements. Board Meeting Outcome The board meeting was conducted on February 26, 2026, commencing at 5:00 p.m. and concluding at 5:25 p.m. The primary agenda item was the consideration and approval of the directorship appointment, which was successfully ratified by the board members. The outcome was formally communicated to BSE Limited under scrip code 543540. Appointment Details Parameter: Details Name: Mr. Mohit Sunil Nagdev DIN: 10675431 Position: Additional Director (Non-Executive Non-Independent Director) Effective Date: February 26, 2026 Tenure: Until the ensuing General Meeting Professional Profile Mr. Nagdev brings substantial expertise to the board with his professional qualifications and experience. He is a Cost and Management Accountant (CMA) and serves as Treasurer at the Institute of Cost Accountants of India (ICMAI), Baroda Chapter. His professional expertise encompasses: Capital restructuring and corporate finance advisory Enhancement of capital efficiency and financial sustainability Long-term enterprise value creation through structured capital frameworks Strategic and execution-oriented corporate finance advisory With over 5 years of professional experience in capital structuring, corporate finance, and financial advisory, Mr. Nagdev has supported businesses across various stages of growth. His extensive involvement in capital structuring and restructuring assignments has earned him recognition in the field. Regulatory Compliance Framework The appointment has been made in full compliance with Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosures as required under SEBI circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Director Eligibility Confirmation Compliance Aspect: Status SEBI Debarment: Not debarred from holding director office Regulatory Authority Orders: No adverse orders Relationship Disclosure: No relationships with existing directors Documentation: Complete as per SEBI requirements Corporate Information Pearl Green Clubs and Resorts Limited, incorporated with CIN L55101GJ2018PLC100469, operates from its registered office located at 1301-Farm Section, Survey No. 202, Prantiya Gam, Gandhinagar, Gujarat. The appointment notification was digitally signed by Managing Director Siddhant Agarwal (DIN: 10910909) and formally communicated to BSE Limited for record maintenance. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. 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