Pearl Global Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 21-May-2026.
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On the reaction day the stock moved 8.8 pts more than Nifty Microcap 250 and 8.7 pts more than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Pearl Global Industries declared second interim dividend of Rs. 8.50 per equity share (170% on face value of Rs. 5) for FY 2025-26, totaling Rs. 3,923.57 lakh. Record date is May 21, 2026 for dividend entitlement. The Board approved audited financial results showing consolidated revenue of Rs. 5,02,460 lakh for FY26, up 11.5% YoY. Net profit grew to Rs. 27,003 lakh from Rs. 23,077 lakh. EPS stood at Rs. 60.34. The company also approved acquiring additional 9.99% stake in PT Pinnacle Apparels (Indonesia) for USD 1.406 million through step-down subsidiary, taking total holding to 99.92%. Mr. Rajesh Kumar Singh was appointed as Additional Director (Independent).
Strong dividend payout signals financial health and shareholder returns focus. The 170% dividend payout on Rs. 5 face value is significant. The strategic stake acquisition in Indonesia subsidiary strengthens operational control. Strong net profit growth of 17% YoY is positive for investor sentiment.