Pearl Global Declares ₹8.50 Interim Dividend; Approves Q4FY26 Results & Director Appointment
Pearl Global Industries Limited reported audited financial results for Q4FY26. The company declared a second interim dividend of ₹8.50 per share. Mr. Rajesh Kumar Singh was appointed as an Additional Director. The company also announced the acquisition of an additional 9.99% stake in PT Pinnacle Apparels for USD 1.406 Million.
The declaration of an interim dividend, appointment of a new director, and a strategic acquisition in a subsidiary are material events that impact the company's financial and governance aspects.
The company announced positive financial results, declared a dividend, and made a strategic acquisition, all contributing to a positive sentiment.
Pearl Global Industries Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026, with an unmodified audit opinion from the statutory auditors.
The company declared a second interim dividend of ₹8.50 per equity share (170%) for the financial year 2025-26. The dividend will be paid within 30 days of declaration. The record date for determining entitlement to this dividend has been fixed as Thursday, May 21, 2026.
Further, the Board approved the appointment of Mr. Rajesh Kumar Singh as an Additional Director (Non-executive and Independent) for a period of three years, effective May 14, 2026. M/s. Ernst & Young LLP has been re-appointed as the Internal Auditors for the financial year 2026-27.
In a strategic move, the company, through its step-down subsidiary DSSP Global Limited, Hong Kong, will acquire an additional 9.99% stake in PT Pinnacle Apparels, Indonesia, for USD 1.406 Million (approximately ₹11.73 crore) from a minority shareholder. This acquisition, funded by internal accruals, will increase the company's stake to 99.92%.
The Board Meeting commenced at 5:00 PM and concluded at 07:05 PM.
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