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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Awaiting price reaction for this filing.
Karamvirsingh Hemantsingh Jhala, a member of the promoter group of Pearl Green Clubs and Resorts Limited, sold 12,000 equity shares (0.45% of total capital) through the open market on December 17, 2025. His holding reduced from 1,44,900 shares (5.41%) to 1,32,900 shares (4.96%) after the transaction. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations. The company has 26,77,100 total equity shares of Rs. 10 each, translating to a paid-up capital of about Rs. 2.68 crore.
This is a minor promoter offload that slightly trims his stake, but the size is too small to materially shift sentiment or price. Retail investors should keep an eye out for further promoter selling, which, if it continues, could weigh on confidence.