PGILNSEPearl Global Industries Limited· Textile ProductsMediumNeutral
Announced Thu, 14 May · 20:09 IST

Pearl Global Industries Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

PGIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹1550.00
prior close
₹1568.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.1+5.5+5.9+6.8+3.5+3.2+2.9+3.0+4.6+6.1+5.4+9.2+30.8
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AI summary

Pearl Global Industries Limited reported strong FY2026 results with consolidated revenue of Rs 5,02,460 lakh, up 11.5% from Rs 4,50,629 lakh in FY2025. Consolidated net profit grew to Rs 27,003 lakh from Rs 23,077 lakh, while standalone revenue declined to Rs 1,08,129 lakh from Rs 1,19,616 lakh. The Board declared a second interim dividend of Rs 8.50 per share (170%) for FY2025-26, amounting to Rs 3,924 lakh, with record date May 21, 2026. Mr. Rajesh Kumar Singh was appointed as Additional Director (Non-Executive Independent) for three years effective May 14, 2026. The company also approved acquiring an additional 9.99% stake in PT Pinnacle Apparels, Indonesia through its step-down subsidiary for USD 1.406 million, taking its holding to 99.92%.

Likely market impact

Positive signals include revenue and profit growth, shareholder-friendly dividend payout, and strategic stake increase in subsidiary. The appointment of an independent director strengthens board governance. No immediate concerns for shareholders based on these developments.