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Pearl Global Announces Promoter Group Share Transfer

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Pearl Global Announces Promoter Group Share Transfer

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An update from Pearl Global Industries Limited ( (IN:PGIL) ) is now available.

Pearl Global Industries Limited has announced an inter-se transfer of shares within its promoter group, involving the acquisition of 60 equity shares by Payel Seth from Nim International Commerce LLP. This transaction, although representing a negligible percentage of the company’s total shareholding, is part of the regulatory disclosures under SEBI’s Substantial Acquisition of Shares and Takeovers Regulations. The move reflects internal restructuring within the promoter group, which could have implications for the company’s governance and control dynamics.

More about Pearl Global Industries Limited

Pearl Global Industries Limited operates in the textile and apparel industry, focusing on the manufacturing and export of garments. The company serves a global market, providing a range of clothing products to various international clients.

YTD Price Performance: -12.11%

Average Trading Volume: 11,479

Current Market Cap: 61.34B INR

Learn more about PGIL stock on TipRanks’ Stock Analysis page.

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