Pearl Green Clubs and Resorts Limited informed the exchange regarding Amendment in the Memorandum of Association by way of Increase in the Authorised Share Capital of the Company , subject ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board, at its meeting on April 24, 2026, approved audited standalone financial results for FY26 along with the H2 results, both carrying an unmodified (clean) opinion from auditor M/s Rawka & Associates. Revenue from operations rose sharply to Rs. 841.72 lakhs in FY26 from Rs. 529.80 lakhs in FY25, with total income at Rs. 845.09 lakhs vs Rs. 605.21 lakhs. The company swung to a net profit of Rs. 84.65 lakhs in FY26 from a loss of Rs. 4.06 lakhs in FY25, supported by stronger other income and lower exceptional charges. The board approved doubling the authorised share capital from Rs. 5 crore to Rs. 10 crore (subject to shareholder approval via postal ballot) and appointed Ms. Durga Kumar Modi as an Independent Director, while accepting the resignation of Ms. Sayli Akshay Shelke.
The strong revenue growth and return to profitability are positive signals for shareholders, though the company's overall scale remains small. The proposed increase in authorised share capital suggests potential fundraising or stock split plans in the future, which could dilute existing shareholders depending on how it is used.