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Pearl Green Clubs and Resorts Ltd informed the stock exchanges that two directors have resigned, both effective September 15, 2025. Ms. Sonali Sandeep Joshi stepped down as Independent Director, citing pre-occupation and other professional commitments. Mr. Vishal Sharma resigned as Non-Executive Director due to pre-occupations and other personal reasons. Both confirmed there are no other material reasons for their departure. The Board recorded appreciation for their contributions during their tenure.
The simultaneous exit of an Independent Director and a Non-Executive Director on the same day may raise minor governance concerns for shareholders, as it could temporarily reduce board strength and oversight. However, no adverse reasons were cited, suggesting a routine transition.