Announced Mon, 23 Mar · 12:10 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jhala Rekhadevi Vijay Singh

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+11.9%1-day move
₹118.10
prior close
₹130.10
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+11.9+18.5+3.7+8.0+8.4+6.6+10.1+18.5+11.6
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AI summary

Jhalarekha Devi Vijay Singh, a member of the promoter group of Pearl Green Clubs and Resorts Ltd, has sold 59,400 equity shares (2.22% of total share capital) in the open market on March 16 and March 20, 2026. Following this sale, her holding in the company has come down from 1,66,200 shares (6.21%) to 1,06,800 shares (3.99%). The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The company has a small total share capital of 26,77,100 equity shares of Rs. 10 each, amounting to about Rs. 2.68 crore in capital.

Likely market impact

This is a notable promoter-group share sale that reduces the promoter's effective stake in the company to below 4%, which may raise concerns among retail investors about promoter confidence in the stock. With post-sale holding at just 3.99%, the company is now very thinly held by the promoter group, which could increase volatility or overhang on the stock in the near term.