Resignation of WTD and Independent Director of the Company

Kmp ResignedManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-5.1% vs market

Other Agricultural Products peers, median of 53sector-0.2%-4.7% vs sector

By the next day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.7 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.

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AI summary

Pearl Green Clubs and Resorts Ltd has informed the stock exchange that two directors have resigned, both effective September 17, 2025. Ms. Sanju (DIN: 10648601) stepped down as Whole Time Director citing pre-occupations and personal reasons. In the same filing, Mr. Dhruv Rameshbhai Chauhan (DIN: 10648602) also resigned as Non-Executive Independent Director for similar reasons. The company has enclosed both resignation letters and confirmed there are no other material reasons behind the exits.

Likely market impact

Losing a Whole Time Director and an Independent Director on the same day reduces board strength and may affect governance and operations, though the company states the exits are for personal reasons. Shareholders should watch for timely appointments to fill these positions, as the stock is thinly traded and small-cap, where board changes can have an outsized effect on sentiment.