Pearl Green Clubs and resorts Limited has informed the exchange regarding Appointment of Ms. Durga Kumar Modi as an Additional Director (Independent Director) and Resignation of Ms. Sayli ....
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Pearl Green Clubs and Resorts announced audited financial results for FY ended March 31, 2026, reporting revenue from operations of Rs. 841.72 lakhs (up from Rs. 591.27 lakhs in FY25) and a net profit of Rs. 84.65 lakhs, a turnaround from a Rs. 17.87 lakh loss in the previous year. The statutory auditor, M/s Rawka & Associates, issued an unmodified opinion on the results. The board approved the appointment of Ms. Durga Kumar Modi as an Additional Independent Director for a 5-year term, subject to shareholder approval, while accepting the resignation of Ms. Sayli Akshay Shelke as Independent Director effective April 23, 2026, citing personal commitments. Additionally, the board approved doubling the authorised share capital from Rs. 5 crore to Rs. 10 crore (1 crore equity shares of Rs. 10 each), subject to shareholder approval via postal ballot.
The company swung to a healthy profit with revenue growing about 42% year-on-year, which is positive for shareholders. The independent director change appears routine, and the proposed share capital increase signals room for future fundraising or expansion, though it will require shareholder approval.