Pearl Global Industries MD, chairman, board of directors and AGM
NSE: PGILBSE: 532808Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,211.70.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹11,307 Cr658th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 5 Aug 2026
- 36.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 14 May 2026
- 7.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.59%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 5 Aug 2026
- 23.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 5 Aug 2026
- 19.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 May 2026
- 0.48
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,25,84552.0% delivered
Pearl Global Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonDeepak Kumar SethRelated to the promoter
- Managing directorPallab Banerjee
- Company Secretary and Compliance OfficerShilpa Saraf
11 directors6 independent2 executive3 non-executive
- Deepak Kumar Seth · ChairpersonNon-executive · joined Mar 1994 · reappointed Mar 1994 · 2 listed boards · 2 committee seats
- Pulkit SethNon-executive · joined Nov 2004 · reappointed Mar 2022 · 1 listed board · 1 committee seat
- Shifalli SethNon-executive · joined Jan 2012 · reappointed Mar 2022 · 1 listed board
- Pallab Banerjee · Managing directorExecutive · joined Oct 2021 · reappointed Apr 2025 · 1 listed board · 1 committee seat
- Deepak KumarExecutive · joined Feb 2022 · reappointed Feb 2025 · 1 listed board
- Abhishek GoyalIndependent · joined May 2017 · reappointed May 2022 · 109 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Ashwini AgarwalIndependent · joined Feb 2024 · reappointed Feb 2024 · 29 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Sanjay KapoorIndependent · joined Feb 2024 · reappointed Feb 2024 · 29 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Rahul Mehta NarendraIndependent · joined Feb 2025 · reappointed Feb 2025 · 17 months as independent · 3 listed boards · 3 as independent
- Jyoti AroraIndependent · joined Feb 2025 · reappointed Feb 2025 · 17 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Rajesh Kumar SinghIndependent · joined May 2026 · reappointed May 2026 · 2 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- Neha Khanna, left 20 Jun 2026: Tenure Completion
- Shailesh Kumar, left 6 Jun 2026: Others
- Madhulika Bhupatkar, left 17 Mar 2025: Tenure Completion
- Rajiv Kumar, left 16 Dec 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 May 202612 of 12 present6 independent · 96 days in between
- 6 Feb 202612 of 12 present6 independent
Audit Committee
Chair Abhishek Goyal
Ashwini Agarwal, Pallab Banerjee
- 14 May 20264 of 4 present3 independent · 96 days in between
- 6 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Abhishek Goyal
Deepak Kumar Seth, Rahul Mehta Narendra
- 13 May 20264 of 4 present3 independent · 113 days in between
- 19 Jan 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Ashwini Agarwal
Pulkit Seth, Sanjay Kapoor, Jyoti Arora
No meeting listed in the filing.
Risk Management Committee
Chair Pallab Banerjee
Sanjay Kapoor, Rajesh Kumar Singh
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Shifalli Seth
Pallab Banerjee, Jyoti Arora
- 1 Jun 20263 of 3 present1 independent · 74 days in between
- 18 Mar 20263 of 3 present1 independent
Finance Committee
Chair Pulkit Seth
Shifalli Seth, Pallab Banerjee, Abhishek Goyal
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s. S.R. Dinodia & Co. LLPPeer-review certificate valid to Sep 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Pearl Global Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Pearl Global Industries dividend history
Postal ballot, 5 Sep 2026
35,750 shareholders on the register on 31 Jul 2026; votes counted by Jayant K Sood / M/s Jayant Sood and Associates.The company's voting result (opens in a new tab)
- Appointment of Major General Sandeep Vohra (Retd.) (DIN: 11824360) as Director of the Company.Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.63% · other public 0.07%
Turnout: all 86.20% · promoters 100.00% · institutions 93.14% · other public 6.21%
- Appointment of Major General Sandeep Vohra (Retd.) (DIN: 11824360) as Whole-Time Director of the Company.Ordinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.51% · other public 0.06%
Turnout: all 86.20% · promoters 100.00% · institutions 93.14% · other public 6.21%
- Issuance of Bonus Equity Shares to the Shareholders of the Company.Ordinary99.41% for0.59% against
Against: promoters 0.00% · institutions 2.11% · other public 0.02%
Turnout: all 86.30% · promoters 100.00% · institutions 93.14% · other public 7.01%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Jul 2026, 4 resolutions
35,688 shareholders on the register on 13 Jul 2026; present: 2 promoters and 121 others; votes counted by Jayant K Sood / M/S Jayant Sood and Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, including the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.16% · promoters 100.00% · institutions 93.43% · other public 48.95%
- To appoint a Director in place of Mr. Pulkit Seth (DIN: 00003044), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary97.93% for2.07% against
Against: promoters 0.00% · institutions 7.31% · other public 0.00%
Turnout: all 86.19% · promoters 100.00% · institutions 93.53% · other public 48.95%
- Appointment of Mr. Rajesh Kumar Singh (DIN: 11690324) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.19% · promoters 100.00% · institutions 93.53% · other public 48.95%
- To Approve the Material Related Party Transactions between Pearl Global Industries FZCO, a Wholly Owned Subsidiary Company and Norp Knit Industries Limited, a Subsidiary CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 25.07% · promoters 0.00% · institutions 93.53% · other public 3.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 24 Jul 2025, 4 resolutions
26,634 shareholders on the register on 17 Jul 2025; present: 3 promoters and 120 others; votes counted by Jayant Sood / M/s. Jayant Sood and Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2025, including the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.08% · promoters 100.00% · institutions 93.66% · other public 5.00%
- To appoint a Director in place of Mrs. Shifalli Seth (DIN 01388430), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it91.99% for8.01% against
Against: promoters 0.00% · institutions 35.59% · other public 0.01%
Turnout: all 82.14% · promoters 100.00% · institutions 93.95% · other public 5.00%
- To consider and approve the appointment of M/s. RSM & Co., Company Secretaries, (FRN: P1997DE017000) as Secretarial Auditors.Ordinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.60% · other public 0.01%
Turnout: all 82.14% · promoters 100.00% · institutions 93.92% · other public 5.00%
- To consider and approve shifting of Registered Office of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 82.14% · promoters 100.00% · institutions 93.95% · other public 5.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 21 Mar 2025, 7 resolutions
24,723 shareholders on the register on 14 Feb 2025; votes counted by Jayant Sood / Jayant Sood and Associates.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. RAHUL MEHTA NARENDRA (DIN : 00165521) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.56% for0.44% against
Against: promoters 0.00% · institutions 2.25% · other public 0.01%
Turnout: all 82.07% · promoters 100.00% · institutions 89.83% · other public 17.18%
- APPOINTMENT OF MRS. JYOTI ARORA (DIN:00353071) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 82.07% · promoters 100.00% · institutions 89.83% · other public 17.18%
- RE-APPOINTMENT OF MR. PALLAB BANERJEE (DIN: 07193749) AS MANAGING DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.03% · other public 0.02%
Turnout: all 82.05% · promoters 100.00% · institutions 89.83% · other public 17.05%
- RE-APPOINTMENT OF MR. DEEPAK KUMAR (DIN:09497467) AS WHOLE-TIME DIRECTOR OF THE COMPANYOrdinary99.56% for0.44% against
Against: promoters 0.00% · institutions 2.25% · other public 0.02%
Turnout: all 82.07% · promoters 100.00% · institutions 89.83% · other public 17.18%
- CONTINUATION OF DIRECTORSHIP OF DR. DEEPAK KUMAR SETH (DIN: 00003021) AS NON EXECUTIVE DIRECTOR OF THE COMPANY BEYOND THE AGE OF 75 YEARSSpecialPromoters have an interest in it94.93% for5.07% against
Against: promoters 0.00% · institutions 26.17% · other public 0.05%
Turnout: all 82.07% · promoters 100.00% · institutions 89.83% · other public 17.18%
- RELATED PARTY TRANSACTIONS BETWEEN SUBSIDIARIES OF THE COMPANYOrdinaryPromoters have an interest in it98.14% for1.86% against
Against: promoters 0.00% · institutions 2.25% · other public 0.01%
Turnout: all 19.25% · promoters 0.00% · institutions 89.83% · other public 17.18%
- APPOINTMENT OF MRS. SHIFALLI SETH AS HEAD-DESIGN IN PEARL GLOBAL USA INC., A WHOLLY OWNED SUBSIDIARY OF THE COMPANYOrdinaryPromoters have an interest in it69.38% for30.62% against
Against: promoters 0.00% · institutions 37.05% · other public 0.05%
Turnout: all 19.25% · promoters 0.00% · institutions 89.83% · other public 17.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Jul 2024, 5 resolutions
Present: 2 promoters and 101 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2024, including the Reports of the Board of Directors and Auditors thereon.nMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 71.45% · promoters 100.00% · institutions 75.99% · other public 2.06%
- To appoint a Director in place of Mr. Deepak Kumar Seth (DIN 00003021), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it98.97% for1.02% against
Against: promoters 0.00% · institutions 15.53% · other public 0.04%
Turnout: all 71.46% · promoters 100.00% · institutions 76.10% · other public 2.06%
- To appoint a Director in place of Mr. Pulkit Seth (DIN 00003044), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.88% for0.12% against
Against: promoters 0.00% · institutions 1.81% · other public 0.04%
Turnout: all 71.46% · promoters 100.00% · institutions 76.10% · other public 2.06%
- To consider and approve increase in remuneration of Mr. Pallab Banerjee (DIN 07193749), Managing Director of the Company.Special100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.63%
Turnout: all 71.46% · promoters 100.00% · institutions 76.10% · other public 2.06%
- Approval for related party transactions between Pearl Global (HK) Limited and Prudent Fashions LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 5.28% · promoters 0.00% · institutions 76.10% · other public 2.06%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Mar 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Appointment of Dr. Rajiv Kumar (DIN: 02385076) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 67.93% · promoters 100.00% · institutions 17.96% · other public 2.43%
- Appointment of Mr. Sanjay Kapoor (DIN: 00264602) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 67.93% · promoters 100.00% · institutions 17.96% · other public 2.43%
- Appointment of Mr. Ashwini Agarwal (DIN: 00362480) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 67.93% · promoters 100.00% · institutions 17.96% · other public 2.43%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 19 Dec 2023, 4 resolutions
The company's voting result (opens in a new tab)
- TO APPROVE SUB-DIVISION/SPLIT OF EQUITY SHARES FROM THE FACE VALUE OF RS.10/- TO FACE VALUE OF RS. 5/- PER EQUITY SHAREOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 66.75% · promoters 98.60% · institutions 16.95% · other public 0.88%
- APPROVAL FOR ALTERATION OF THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 66.75% · promoters 98.60% · institutions 16.95% · other public 0.88%
- AUTHORIZATION FOR RAISING CAPITAL THROUGH ISSUE OF EQUITY SHARES AND/OR OTHER ELIGIBLE SECURITIESSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 66.75% · promoters 98.60% · institutions 16.95% · other public 0.88%
- TO APPROVE THE REVISION IN REMUNERATION OF MR. PALLAB BANERJEE (DIN: 07193749) MANAGING DIRECTOR FOR THE PURPOSE OF EXERCISE OF STOCK OPTIONSSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.82%
Turnout: all 66.75% · promoters 98.60% · institutions 16.95% · other public 0.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 31 Jul 2023, 7 resolutions
Present: 4 promoters and 79 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2023, including the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
- To appoint a Director in place of Mr. Pallab Banerjee (DIN 07193749), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.57%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
- To appoint a Director in place of Mr. Deepak Kumar (DIN 09497467), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.57% for0.43% against
Against: promoters 0.00% · institutions 100.00% · other public 0.57%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
- Adoption of New Set of Memorandum of Association of the Company in pursuance to the provisions of Companies Act, 2013Special99.93% for0.07% against
Against: promoters 0.00% · institutions 15.85% · other public 0.09%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
- Adoption of New Set of Articles of Association of the Company in pursuance to the provisions of Companies Act, 2013Special99.93% for0.07% against
Against: promoters 0.00% · institutions 15.85% · other public 0.09%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
- Revision in remuneration of Mr. Pallab Banerjee (DIN 07193749), Managing Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.80%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
- Re-appointment of Mr. Shailesh Kumar, as Whole-Time Director of the CompanySpecial99.64% for0.36% against
Against: promoters 0.00% · institutions 84.15% · other public 0.57%
Turnout: all 66.87% · promoters 99.90% · institutions 4.82% · other public 0.23%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 5 Sep 2026, 6 fund houses so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Appointment of Major General Sandeep Vohra (Retd.) (DIN: 11824360) as Director of the Company.
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance concern: The Board is non-compliant under Section 152 of the Companies Act, 2013. The proposed appointment of a non-retiring director would result in the composition of the Board remaining Non-Compliant and increasing the ratio of Non-Retiring directors.
5 for1 against - Appointment of Major General Sandeep Vohra (Retd.) (DIN: 11824360) as Whole-Time Director of the Company.
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance concern: The Board is non-compliant under Section 152 of the Companies Act, 2013. The proposed appointment of a non-retiring director would result in the composition of the Board remaining Non-Compliant and increasing the ratio of Non-Retiring directors.
5 for1 against - Issuance of Bonus Equity Shares to the Shareholders of the Company.2 for0 against
1 proposal not matched to one resolution
To capitalize a sum of Rs. 23,09,52,710/- out of the sum standing to the credit of General Reserve, Capital Redemption Reserve, Securities Premium, Retained Earnings and/or any other permitted reserves/ surplus of the Company, as may be considered appropriate for the purpose of issue and allotment of bonus equity shares and that the said amount be transferred to the Share Capital Account and be applied for issue and allotment of equity shares not exceeding 4,61,90,542 equity shares of Rs. 5/- each, as fully paid-up bonus shares credited as fully paid up, to the eligible Members of the Company, whose names appear in the Register of Members /List of Beneficial Owners, on such date (Record Date) as may be determined by the Company for this purpose, in the proportion of 1:1 i.e., 1 (One) new Bonus Equity Share of Rs. 5/- each for 1 (One) existing Equity Share of Rs. 5/- each held as on the Record Date and that the new bonus shares so issued and allotted shall be treated for all purposes as an increase of the nominal amount of the equity share capital of the Company held by each of such member(s) and not as income.MoreLess
4 for0 against
Mutual fund votes, meeting of 20 Jul 2026, 6 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, including the Reports of the Board of Directors and Auditors thereon.MoreLess
6 for0 against- To appoint a Director in place of Mr. Pulkit Seth (DIN: 00003044), who retires by rotation and being eligible, offers himself for re-appointment.6 for0 against
- Appointment of Mr. Rajesh Kumar Singh (DIN: 11690324) as an Independent Director of the Company.6 for0 against
- To Approve the Material Related Party Transactions between Pearl Global Industries FZCO, a Wholly Owned Subsidiary Company and Norp Knit Industries Limited, a Subsidiary Company6 for0 against
3 earlier meetings
Mutual fund votes, meeting of 24 Jul 2025, 12 fund houses
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2025, including the Reports of the Board of Directors and Auditors thereon.MoreLess
12 for0 against- To appoint a Director in place of Mrs. Shifalli Seth (DIN 01388430), who retires by rotation and being eligible, offers herself for re-appointment.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual Fund
- Angel One Mutual FundGovernance Concern: Low Attendance record at the board meetings.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual FundCompliant with law. Governance Concern: Low Attendance record at the board meetings.
- Mirae Asset Mutual FundAs per advisory recommendation
6 for6 against - To consider and approve the appointment of M/s. RSM & Co., Company Secretaries, (FRN: P1997DE017000) as Secretarial Auditors.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundTransparency concern: The Company neither disclosed the Audit Fee paid to outgoing Secretarial Auditor nor any material change in the proposed audit fee.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law, Transparency concern: The Company neither disclosed the Audit Fee paid to Outgoing Secretarial Auditor nor any material change in the proposed audit fee.
8 for4 against - To consider and approve shifting of Registered Office of the Company.12 for0 against
Mutual fund votes, meeting of 21 Mar 2025, 6 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- APPOINTMENT OF MR. RAHUL MEHTA NARENDRA (DIN : 00165521) AS AN INDEPENDENT DIRECTOR OF THE COMPANY6 for0 against
- APPOINTMENT OF MRS. JYOTI ARORA (DIN:00353071) AS AN INDEPENDENT DIRECTOR OF THE COMPANY6 for0 against
- RE-APPOINTMENT OF MR. PALLAB BANERJEE (DIN: 07193749) AS MANAGING DIRECTOR OF THE COMPANY6 for0 against
- RE-APPOINTMENT OF MR. DEEPAK KUMAR (DIN:09497467) AS WHOLE-TIME DIRECTOR OF THE COMPANY6 for0 against
- CONTINUATION OF DIRECTORSHIP OF DR. DEEPAK KUMAR SETH (DIN: 00003021) AS NON EXECUTIVE DIRECTOR OF THE COMPANY BEYOND THE AGE OF 75 YEARS
Against HSBC Mutual Fund
- HSBC Mutual FundA vote AGAINST the following nominee is warranted because:• Deepak Kumar Seth has failed to attend at least 75 percent of board and committee meetings in the most recent fiscal year, without a satisfactory explanation.
5 for1 against - RELATED PARTY TRANSACTIONS BETWEEN SUBSIDIARIES OF THE COMPANY5 for0 against
- APPOINTMENT OF MRS. SHIFALLI SETH AS HEAD-DESIGN IN PEARL GLOBAL USA INC., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY
Against HSBC Mutual Fund
- HSBC Mutual FundA vote AGAINST this resolution is warranted in view of the following concerns: • There is insufficient justification for the proposed remuneration as it is deemed to be excessive and surpasses the remuneration paid to executive directors in FY2024. • The approval will be valid till perpetuity and shareholders will not get to review the payments in the future. A vote AGAINST this resolution is warranted in view of the following concerns: • There is insufficient justification for the proposed remuneration as it is deemed to be excessive and surpasses the remuneration paid to executive directors in FY2024. • The approval will be valid till perpetuity and shareholders will not get to review the payments in the future.
5 for1 against
1 proposal not matched to one resolution
Appointment of Mrs. Shifalli Seth, Non- Executive Director of the Company (wife of Mr. Pulkit Seth, Vice- Chairman and Non- Executive Director of the Company and daughter- in- law of Dr. Deepak Kumar Seth, Chairman and Non- Executive Director of the Company), as Head- Design in Pearl Global USA Inc., a wholly- owned Subsidiary of the Company with effect from April 01, 2025 at a remuneration not exceeding Rs. 1.50 crore per annum or its equivalent to foreign currency.MoreLess
1 for0 against
Mutual fund votes, meeting of 25 Jul 2024, 2 fund houses
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2024, including the Reports of the Board of Directors and Auditors thereon.nMoreLess
2 for0 against- To appoint a Director in place of Mr. Deepak Kumar Seth (DIN 00003021), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To appoint a Director in place of Mr. Pulkit Seth (DIN 00003044), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To consider and approve increase in remuneration of Mr. Pallab Banerjee (DIN 07193749), Managing Director of the Company.2 for0 against
- Approval for related party transactions between Pearl Global (HK) Limited and Prudent Fashions Limited2 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtPT Pinnacle ApparelsSince 22 Jun 2026
9.99% bought in the quarter; holding 99.92%, from 89.93%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| QIPJul 2024, checked by ICRA Limited | – | Funding working capital requirements of our Company | – | – | No |
| QIPJul 2024, checked by ICRA Limited | – | Repayment in full or in part of certain outstanding borrowings availed by our Company | – | – | No |
| QIPJul 2024, checked by ICRA Limited | – | Inorganic growth initiatives and general corporate purposes | – | – | No |