The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jhala Rekhadevi Vijaysingh
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Jhala Rekhadevi Vijaysingh, part of the promoter group of Pearl Green Clubs and Resorts Ltd, sold 50,400 equity shares (1.88% of paid-up capital) in the open market on March 3, 2026. Her total holding in the company dropped from 2,16,600 shares (8.09%) to 1,66,200 shares (6.21%). The shares were sold through BSE, and the disclosure has been filed under SEBI's Takeover Regulations. No encumbered shares, warrants, or convertible instruments are involved in this transaction.
A promoter reducing their stake by nearly 2% in the open market may be viewed as a mild negative signal by some investors, as it suggests the promoter is exiting part of their position. However, the company remains small-cap with a total share capital of just ₹2.68 crore, and the sale size is modest in absolute terms. Shareholders should monitor if further promoter selling follows.