The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navratnadevi Jhala
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Awaiting price reaction for this filing.
Navratnadevi Naharsinh Jhala, a member of the promoter/promoter group of Pearl Green Clubs and Resorts Ltd, sold 7,800 equity shares (representing 0.29% of the company's paid-up share capital) in the open market on November 17, 2025. Prior to this sale, she held 8,000 shares (0.30%); after the transaction, her holding stands reduced to just 200 shares (0.01%). The company has a total equity share capital of 26,77,100 shares of Rs. 10 each, aggregating to Rs. 2,67,71,000. The disclosure was filed with BSE on November 18, 2025, as required under Regulation 29(1) of the SEBI Takeover Regulations.
This is a minor open-market sale by a small promoter holder, reducing an already negligible stake to near-zero; the negligible size means limited price impact, though continued promoter exits could be worth tracking for overall promoter group sentiment.