The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Karamvirsingh Jhala
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Karamvirsingh Hemantsingh Jhala, a member of the promoter group of Pearl Green Clubs and Resorts Ltd, sold 6,600 equity shares (0.25% of total share capital) in the open market on November 18, 2025. His holding fell from 1,87,500 shares (7.00%) to 1,80,900 shares (6.76%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. No encumbered shares or warrants were involved in the transaction. The company's total share capital remains at 26,77,100 equity shares of Rs. 10 each.
This is a minor reduction in promoter shareholding by about 0.25%, indicating no significant change in promoter control. Retail investors should note the small stake sale, but it is unlikely to materially affect stock price or promoter influence, which remains at 6.76%.