Pearl Green Clubs and Resorts Ltd — Important, 14-05-2026: Company Update

Pearl Green Clubs and Resorts Limited has initiated a postal ballot for shareholders to vote on several key proposals. These include the appointment of a new independent director and the re-appointment of two existing independent directors. Critically, the company seeks approval to increase its borrowing powers up to Rs. 200 Crore and to create charges on its assets for these borrowings. Additionally, shareholders will vote on offering or inviting subscriptions for Non-Convertible Debentures or other debt instruments, also up to Rs. 200 Crore. This move is significant for future financing and growth plans.