PGPearl Green Clubs and Resorts543540EGM notice

Corrigendum to EGM notice: preferential issue of 11.64 lakh shares corrected

Pearl Green Clubs and Resorts has submitted a corrigendum to the notice of its EGM dated October 03, 2026.

By ScoutQuest · Fri 16 Oct 2026, 4:57 PM IST · 2 min read

EGM Date

October 31, 2026 at 12:00 p.m. at the registered office

Shares Proposed for Allotment

11.64 lakh equity shares of face value Rs. 5/- proposed to be allotted to Non-Promoter allottees

Corrected Total Holding After Issue

1200600 shares (31.26%)

The company has shared a corrigendum to the notice of its Extraordinary General Meeting (EGM) dated October 03, 2026. A corrigendum is a correction issued to a document that has already been circulated; it is to be read together with the original notice.

The EGM and what is being voted on

• The EGM is scheduled for Saturday, October 31, 2026 at 12:00 p.m. at the registered office.
• The resolution relates to the proposed preferential issue of 11.64 lakh equity shares of face value of Rs. 5/- each on a preferential basis.
• All the proposed allottees belong to the Non-Promoter category.
• The corrigendum was issued to the shareholders on October 14, 2026, after observations received from the stock exchange(s) on the company's application for in-principle approval of the proposed preferential issue.

What was corrected

• Point No. 9 of the Explanatory Statement of Item No. 1, headed "The class or classes of persons to whom the allotment is proposed to be made".
• The number of equity shares and the corresponding percentage of shareholding of Mr. Mihir Navinchandra Shah and Ms. Devanshi Mihir Shah were inadvertently interchanged due to a typographical error.
• The information in Point No. 9 is now to be read as per the corrected table.
• All other contents of the EGM notice, except as modified by this corrigendum, remain unchanged.

Corrected allottee table

• Padmani Brothers Growth LLP - 165000 shares proposed; 165000 shares (4.30%) after the issue
• Gaurang Rameshchandra Shah - 126000 shares proposed; 126000 shares (3.28%) after the issue
• Mihir Navinchandra Shah HUF - 90000 shares proposed; 90000 shares (2.34%) after the issue
• Mihir Navinchandra Shah - held 15000 shares (0.56%) before; 90000 shares proposed; 105000 shares (2.73%) after the issue
• Devanshi Mihir Shah - held 21600 shares (0.81%) before; 90000 shares proposed; 111600 shares (2.91%) after the issue
• Kalpana Hemant Desai, Hemantbhai Desai HUF, Yuga Mihir Shah, Sanchi Mihir Shah, Priti Mukesh Tailor and Amitkumar C Patel - 90000 shares proposed each; 90000 shares (2.34%) after the issue each
• Sabnani Nitinkumar KamalKumar - 42000 shares proposed; 42000 shares (1.09%) after the issue
• Ravindrakumar Jain - 21000 shares proposed; 21000 shares (0.55%) after the issue
• Total - 36600 shares (1.37%) held before; 11.64 lakh shares proposed; 1200600 shares (31.26%) after the issue

How to read this

• This is a correction to the explanatory statement of a notice, not the outcome of the EGM. The meeting is yet to be held.
• As per the corrected table, the proposed allottees together hold 36600 shares (1.37%) before the issue and would hold 1200600 shares (31.26%) after the proposed allotment.
• The two allottees whose figures were interchanged are Mr. Mihir Navinchandra Shah and Ms. Devanshi Mihir Shah; as per the corrected table, Mr. Mihir Navinchandra Shah would hold 105000 shares (2.73%) and Ms. Devanshi Mihir Shah would hold 111600 shares (2.91%) after the issue.

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