Pearl Global (Delisted) share news and announcements

BSE: 521123

Last traded ₹46.85 on 13 Aug 2009

Delisted on 21 Aug 2009.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.Pearl Global quarterly results

Jul31Fri

The board met on 31 Jul 2009 to consider unaudited financial results

Notice filed 23 Jul 2009

To consider and take on record inter-alia, the Un-audited Financial Results (Provisional) of the Company for the quarter ended June 30, 2009.

Pearl Global annual reports, presentations and earnings calls

The company's own documents, latest first.Pearl Global financials, year by year

Annual reports20

15 earlier reports

Pearl Global share news and announcements

57 announcements, routine notices left out, newest first. Page 1 of 2.

  1. Aug 2009

    • 6 Aug · Meeting

      Annual General Meeting of the Members of the Company will be held on September 18, 2009. The Register of Members/Beneficial Ownership List and Share Transfer Register of the Company shall remain closed from September 11, 2009 till September 18, 2009 (both days inclusive) for the purpose of Annual General Meeting.

  2. Jul 2009

    • 31 Jul · Suspension and Delisting of trading in equity shares

      Members of the Exchange are hereby informed that the trading in the equity shares of Pearl Global Limited shall be suspended w.e.f. August 14, 2009 (i.e. w.e.f. closing hours of trading on August 13, 2009) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. August 21, 2009.

    • 31 Jul · Delisting of shares

      Pearl Global Ltd has, with reference to the Delisting of the equity shares of the Company from the Exchange, submitted to the Exchange the details of the name, address and contact numbers of the Contact Person at RTA and at the Company for solving Investor queries post Delisting. The details of the same are as follows: 1) Address Correspondence of Registrar with Name of the Contact Person: Mr. N C Pal, MAS Services Limited; Address: T-34, 2nd Floor, Okhla Industrial Area Phase-II, New Delhi - 110 020; Phone: 011-26387281 - 83; Fax: 011-26387384; Email: [email protected]. 2) Address Correspondence of Company with Name of the Contact Person: Mr. Sandeep Sabharwal, Pearl Global Limited; Address:- Registered Office: A-3, Community Centre, Naraina Industrial Area, Phase-II, New Delhi - 110028; Corporate Office: 446, Udyog Vihar, Phase-V, Gurgaon-122016; Phone: 91-124-3010000; Fax: 91-124-3010511; Email: [email protected].

    • 23 Jul · Board meeting

      To consider and take on record inter-alia, the Un-audited Financial Results (Provisional) of the Company for the quarter ended June 30, 2009.

    • 8 Jul · Disclosure of shareholding

      Details of the holdings of Mavi Investment Fund Ltd in Pearl Global Ltd as at May 22, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  3. Jun 2009

    • 29 Jun · Board meeting

      Board of Directors of the Company in their meeting held on June 29, 2009, has not recommended any dividend for the financial year 2008-09.

    • 18 Jun · Board meeting

      To consider, approve and take on record, inter-alia, the Audited Financial Results of the Company for the year ended March 31, 2009 and recommendation or passing over of dividend for the financial year 2008-09.

  4. May 2009

    • 12 May · Public Announcement

      Enam Securities Pvt. Ltd. has submitted to the Exchange a copy of the Exit Price Public Announcement, with reference to the Delisting of Equity Shares of Pearl Global Limited in terms of Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  5. Apr 2009

    • 25 Apr · Public Announcement - Delisting

      Enam Securities Pvt. Ltd. has informed the Exchange that Mrs. Payel Seth and Mr. Pulkit Seth (hereinafter referred to as the "Acquirers") propose to acquire the public shareholding of Pearl Global Limited (hereinafter referred to as the "Company") for the purpose of delisting the equity shares of the Company, in accordance with the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 (hereinafter referred to as the "Guidelines"). Accordingly, the Acquirers are making a public announcement extending an invitation ("Offer") to the public shareholders of the Company to tender their equity shares on the terms and conditions set out in this document (hereinafter referred to as the "Public Announcement" or "PA"). The Acquirers seeks to delist the equity shares of the Company in accordance with the procedure for voluntary delisting set out in the Guidelines, by acquiring all the balance equity shares currently not held by the Promoter Group, that is to say 2,082,345 fully paid equity shares of the face value of Rs.10 each or approximately 25.35% of the equity share capital of the Company held by the public, on the terms and conditions specified in this PA. The Bid Opening Date is May 06, 2009 & the Bid Closing Date is May 08, 2009. A copy of the Public Announcement - Delisting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 15 Apr · Meeting

      Company has completed the Postal Ballot Process under Section 192A of the Companies Act, 1956, read with Companies (Passing the Resolution by Postal Ballot) Rules 2001, to de-list of equity shares of the Company from Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE) by seeking approval of shareholder and have abtained the report of the Scrutinizer dated April 10, 2009. Further, the Chairman declared the result of the poll of postal ballot that the Special Resolution has been approved by the shareholders with the requisite majority. A copy of result of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 9 Apr · Results

      In respect of publication of the Un-audited Financial Results for the last quarter ended March 31, 2009, the Company undertakes to publish the Audited Results for the year ended March 31, 2009, within 3 months from the end of the last quarter i.e. by June 30, 2009

  6. Mar 2009

    • 13 Mar · Meeting

      Pursuant to saction 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001(including any statutory modifications and re-enactments thereof for the time being in force), the consent of the members of the company is to be obtained for the following resolution through postal ballot: Special Resolution pursuant to SEBI(Delisting of Securities) Guidelines, 2003, for voluntarily delisting of the equity shares of the Company from Bombay Stock Exchange Limited and The National Stock Exchange of India Limited. Mr. Sandeep Sharma, Company Secretary in Practice, has been appointed as Scrutinizer for the Postal Ballot. April 09, 2009 is the last date for receiving the postal ballot forms. Scrutinizer will submit his report to the Chairman of the Company on or before April 11, 2009. Mr. Sanjay Pershad, Whole-time Director and Prakash Chandra Prusty, Company Secretary are authorized to ensure smooth conduct of the Postal Ballot Process. The Chairman, or in his absence, Mr. Shelley Cherian, Director will announce the result of the Postal Ballot after completion of the entire process on April 13, 2009. A copy of the Notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 5 Mar · Voluntary Delisting

      The Board of Directors of the Company in their meeting held today, 5th March 2009, approved the proposal to de-list Equity Shares of the Company from Bombay Stock Exchange Limited and The National Stock Exchange of India Limited in accordance with the provisions of SEBI (Delisting of Securities) Guidelines, 2003, subject to approval of shareholders through Postal Ballot.

  7. Feb 2009

    • 25 Feb · Board meeting

      To consider Voluntary De-listing of equity shares of the Company from Bombay Stock Exchange Limited and The National Stock Exchange of India Limited in terms of Clause 5(1) of SEBI (Delisting of Securities) Guidelines, 2003.

  8. Jan 2009

    • 16 Jan · Board meeting

      To consider and take on record, inter-alia, the Unaudited Financial Results (Provisional) of the Company for the third quarter ended December 31, 2008.

  9. Oct 2008

    • 15 Oct · Board meeting

      Meeting on 31 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”

  10. Sep 2008

    • 22 Sep · Meeting

      Minutes of Annual General Meeting of the Company held on August 29, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  11. Aug 2008

    • 6 Aug · Meeting

      Annual General Meeting of the Members of the Company will be held on August 29, 2008. The Register of Members and Share Transfer Register of the Company shall remain closed from August 22, 2008 to August 29, 2008 (both days inclusive) for the purpose of Annual General Meeting.

  12. Jul 2008

    • 31 Jul · Updates

      Board of Directors of the Company has in its meeting held on July 30, 2008, accorded its approval for the Company to venture into development of its existing lands into infrastructure for offices in Information Technology Sector. The Company intends to commence construction of same of the buildings during second half of the year.

    • 18 Jul · Board meeting

      To consider and take on record, inter-alia, the Un-Audited Financial Results (Provisional), for the first quarter ended June 30, 2008.

  13. Jun 2008

    • 30 Jun · Management

      Board of Directors of the Company in their meeting held on June 20, 2008 has re-appointed Mr. Pulkit Seth, as Managing Director of the Company, for a period of 3 years, with effect from June 01, 2008.

    • 20 Jun · Board meeting

      Board of Directors at their meeting held on June 20, 2008, has not recommended any dividend for the financial year 2007-08.

    • 9 Jun · Board meeting

      To consider, approve and take on record, inter-alia, the Financial Results for the fourth quarter and the Audited Financial Results of the Company for the year ended March 31, 2008, and to recommend dividend, if any.

  14. Apr 2008

    • 4 Apr · Results

      In respect of publication of the Un-Audited Financial Results for the last quarter ended 31st March 2008, the Company undertakes to Publish the Audited Results for the year ended 31st March 2008, within 3 months from the end of the last quarter i.e. by 30th June 2008

  15. Mar 2008

    • 13 Mar · Management

      The Board of Directors of the Company in their meeting held on 11th March 2008 has appointed Mr. Shelley Cherian as Non Executive Independent Director w.e.f 11th March 2008

  16. Feb 2008

    • 2 Feb · Results

      Minutes of proceedings of meeting of members of the Company conducted by way of Postal Ballot under Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the result of which was declared on January 28, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  17. Jan 2008

    • 29 Jan · Business

      Press release dated January 29, 2008, titled "Pearl Global Net Profit up by 44%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 28 Jan · Results

      The Company has completed the Postal Ballot Process under Section 192A of the Companies Act, 1956, read with Companies (Passing of Resolution by Postal Ballot) Rules 2001, for entering into real estate, infrastructure and education activities by alteration/ modification of main objects of the Memorandum of Association of the Company by seeking approval of shareholders and have obtained the report of the Scrutinizer dated 25th January 2008. The results of the Postal Ballot is as under- Number of valid postal ballot forms received: 118; Number of invalid postal ballot forms received: 4; Total valid votes polled: 6132103; Votes in favour of Resolution: 6132003; Votes against the Resolution: 100; Percentage of shares voted in favour to total shares voted: 99.993% The Chairman declared the result of poll of postal ballot that the special resolution has been approved by the shareholders with the requisite majority.

    • 17 Jan · Board meeting

      To consider and take on record the Un-Audited Financial Results (Provisional) for the third quarter and nine months period ended December 31, 2007 and allotment of preference shares.

  18. Dec 2007

    • 31 Dec · Meeting

      According to Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the consent of the members of the company is to be obtained for the following resolution through postal ballot: Special Resolution under Section 17 of the Companies Act, 1956, to alter/modify the Main Objects of the Memorandum of Association of the Company. The Company has appointed Mr. P C Jain, Company Secretary in Practice, as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before the close of working hours on January 23, 2008. The result of the voting by Postal Ballot will be announced by the Chairman of the meeting on January 28, 2008. A copy of the Notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 20 Dec · Board meeting

      The Board of Directors at their meeting held today, 20th December 2007, considered and approved the proposal of the Company of entering into real estate, infrastructure and education activities by seeking approval of shareholders by way of Postal Ballot.

    • 14 Dec · Board meeting

      The Board of Directors of the Company in their meeting held today, 14th December 2007, reviewed the proposal of the company of entering into real estate and infrastructure development activities. The Board was also of the view as the company is having expertise in educational activities, it will be prudent for the company to carry real estate and Infrastructure activities along with educational activities. The board asked the management to review the proposal of undertaking real estate and infrastructure development along with imparting of education. The Board shall be meeting again to review the foray of company into real estate and Infrastructure development" and "educational activities" on 20th day of December 2007

    • 6 Dec · Limited Review Report

      Auditor's have conducted the limited review of the Un-Audited Financial Results for the quarter ended September 30, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 Dec · Board meeting

      Company has signed a Collaboration agreement with DLF Retail Developers ltd. for development of its real estate property situated on prime location on NH-8, Gurgoan, measuring 9.20 acres. (Earlier Company had signed agreement with Ansal Properties and Infrastructure Ltd for the development of this property which has been now canceled and replaced with fresh collaboration with DLF Retail Developers Ltd). The Company has further informed the Exchange that a meeting of Board of Directors will be held on December 14, 2007 to consider and approve resolution for commencement of new business subject to approval of shareholders "to set up, buy, sell or let on hire, industrial estates, lands and buildings, buy and sell lands for the industrial estates and carry on the business of builders and contractors".

  19. Oct 2007

    • 9 Oct · Board meeting

      To consider and take on record the Un-Audited Financial Results (Provisional) for the second quarter and half yearly results for the period ended September 30, 2007.

  20. Sep 2007

    • 21 Sep · Limited Review Report

      Auditors have conducted the limited review of the unaudited financial results for the period ended June 30, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 17 Sep · Delisting of Shares/Others

      Shareholders of the Company in their meeting held on August 27, 2007 have approved all the items mentioned in the Notice including De-listing of Securities from The Delhi Stock Exchange Association Limited (DSE) and Ahmedabad Stock Exchange Limited (ASE) other than Bombay Stock Exchange Limited and National Stock Exchange of India Limited (NSE). Further In view of above the Company is in the process of Voluntary Delisting of Securities from DSE and ASE. Further a copy of Notice of Annual General Meeting held on August 27, 2007 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 11 Sep · Meeting

      Minutes of the Annual General Meeting of Members of the Company held on August 27, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  21. Jul 2007

    • 31 Jul · Meeting

      Annual General Meeting of the Members of the Company will be held on August 27, 2007 and the Register of Members / Beneficial Ownership List and Share Transfer Register of the Company shall remain closed from August 20, 2007 to August 27, 2007 (both days inclusive) for declaration of dividend.

    • 31 Jul · Delisting of Shares/Others

      Board of Directors, at their meeting held on July 31, 2007 have approved delisting of Company's Equity Shares from "The Delhi Stock Exchange Association Ltd.", Delhi and "Ahmedabad Stock Exchange Limited", Ahmedabad, subject to approval of Shareholders. Further, the Board of Directors have approved increase in Authorised Share Capital of the Company and issuance of Preference Share Capital to its Holding Company, subject to the approval of Shareholders.

    • 24 Jul · Management

      Due to personal reasons, Mr. B. B. Gupta has resigned from the Directorship of the Company, with immediate effect, vide his resignation letter dated July 20, 2007.

    • 18 Jul · Board meeting

      To: a) consider and take on record the Un-Audited (Provisional) Financial Results of the Company for the first quarter ended June 30, 2007. 2) fix time, date and venue of Annual General Meeting of the Company. 3) fix date of book closure for declaration of dividend. 4) consider and approve, subject to approval of shareholders, delisting from Delhi Stock Exchange and Ahmedabad Stock Exchange. e) Increase the Authorised Share Capital of the Company and to issue Preference Shares to House of Pearl Fashions Limited, its holding Company, subject to approval of shareholders and such other authorities as may be required.

    • 13 Jul · Business

      July 13, 2007, that: "Pearl Global Limited will be diversifying into real estate business. The Board of Directors of the Company, have in their meeting held today approved, signing of collaboration agreement with Ansal Properties and Infrastructure Ltd., for development of commercial Land measuring 9.26 acres on N.H.-8, Gurgaon (Haryana)."

    • 12 Jul · E-mail ID for Investor Complaints

      As per Clause 47(f) of the Listing Agreement, the Investors can lodge their complaints at the following e-mail Id. of the Company: [email protected]

  22. Jun 2007

    • 22 Jun · Dividend

      Board of Directors of the Company, at their meeting held on June 22, 2007 has recommended a dividend of 20% for the financial year 2006-07, subject to the approval of shareholders of the Company in the ensuing Annual General Meeting.

  23. May 2007

    • 30 May · Board meeting

      To consider, approve and take on record, interalia, the Audited Financial Results of the Company for the year ended March 31, 2007, and to recommend dividend, if any.

    • 22 May · Management

      The Board of Directors of the Company in their meeting held on 22nd May 2007 has appointed following Directors w.e.f. 22nd May 2007: 1) Dr. Ashutosh P Bhupatkar - Non Executive Independent Director; 2) Mr. A K G Nair - Non Executive Independent Director; 3) Mr. B B Gupta - Non Executive Non Independent Director

    • 17 May · Board meeting

      To consider appointment of Mr. B. B. Gupta as Whole - Time Director and Dr. Ashutosh P. Bhupatkar and Mr. A.K.G. Nair as Non - Executive Independent Directors of the Company.

    • 3 May · Management

      Due to personal reasons, Dr. Vijay Chandra has resigned from the Directorship of the Company, with immediate effect, vide his resignation dated 24th April, 2007, received by us today, i.e. 1st May, 2007.

  24. Apr 2007

    • 25 Apr · Board meeting

      Board of Directors in their meeting held today i.e. April 24, 2007, has allotted 302203 equity shares as per the list given below. Same has been done in compliance of Order of Hon'ble Delhi High Court dated October 6, 2006, on account of merger of Pearl Styles Limited and City Estates Pvt. Limited (Transferor Companies) with Pearl Global Limited (Transferee Company). (1) Name : Deepak Seth, No. of shares Allotted on account of Merger : 30, No. of Shares : Pre Merger : 470691, Post Merger : 470721, Holdings (In%) : Pre merger : 5.948, Post Merger : 5.730; (2) Name : Sunil Pal Seth, No. of shares Allotted on account of Merger : 302173, No. of Shares : Pre Merger : Nil, Post Merger : 302173, Holdings (In%) : Pre merger : Nil, Post Merger : 3.678. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

How the price met the news

The first session after each announcement, beside the market.

That dayAgainst the Nifty 500Market median on that newsFive sessionsFive sessions against the Nifty 500Volume, times usual

  • 25 Jul 2007Board or managers changeddown 4.35%−3.6 pts vs Nifty 500market median 0.0% · five sessions −7.7% (−5.8 pts vs Nifty 500) · volume 0.5× usual
  • 22 Jun 2007Dividenddown 3.38%−3.3 pts vs Nifty 500market median 0.0% · five sessions −7.7% (−8.0 pts vs Nifty 500) · volume 2.8× usual
  • 3 May 2007Board or managers changeddown 3.10%−4.6 pts vs Nifty 500market median 0.0% · five sessions −5.4% (−5.4 pts vs Nifty 500) · volume 1.9× usual
  • 28 Feb 2007Board or managers changeddown 4.84%−1.2 pts vs Nifty 500market median 0.0% · five sessions −22.1% (−15.3 pts vs Nifty 500) · volume 0.4× usual

Sharp moves

2 of the 5 shown had no filing that day or the next.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

  • 4 Dec 20071 filingup 19.99%+19.3 pts vs Nifty 5004.5× its usual move · volume 22.5× usual
  • 3 Dec 20071 filingup 19.97%+17.9 pts vs Nifty 5005.5× its usual move · volume 3.0× usual
  • 25 Sep 2007No filing that day or the nextup 15.45%+15.3 pts vs Nifty 5003.1× its usual move · volume 9.7× usual
  • 16 Jul 2007No filing that day or the nextup 19.95%+19.7 pts vs Nifty 5005.7× its usual move · volume 9.3× usual
  • 13 Jul 20071 filingup 19.97%+19.0 pts vs Nifty 5008.7× its usual move · volume 8.5× usual