EGM on Oct 31 for preferential share issue worth Rs 13.97 crore
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 3.4 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Pearl Green Clubs and Resorts will hold an EGM on October 31, 2026 to seek shareholder approval for issuing up to 11,64,000 equity shares on a preferential basis to 13 non-promoter allottees at Rs 120 per share, raising about Rs 13.97 crore. The issue price includes a Rs 110 premium over the Rs 10 face value. Floor price was set at Rs 119.82 based on 90 day VWAP. Proceeds will fund resort development including elevator, HVAC, solar power, furniture and civil works, plus general corporate purposes.
Potential dilution for existing shareholders. Capital raise of Rs 13.97 crore to fund resort expansion. Outcome depends on EGM vote on Oct 31.