PGIL Declares ₹8.50 Interim Dividend, Approves Q4FY26 Results & Director Appointment
Pearl Global Industries Limited approved Q4FY26 results and declared a second interim dividend of ₹8.50 per share. Mr. Rajesh Kumar Singh was appointed as an Additional Director. The company will acquire an additional 9.99% stake in PT Pinnacle Apparels for USD 1.406 Million.
The dividend declaration and strategic acquisition are positive financial and business developments. The appointment of a new director is a governance event.
The company declared a dividend and approved financial results, along with a strategic acquisition and director appointment, all positive developments.
Pearl Global Industries Limited (PGIL) 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. A second interim dividend of ₹8.50 per equity share (170%) for the financial year 2025-26 was declared, with the record date fixed for May 21, 2026. The dividend is to be paid within 30 days of declaration.
Furthermore, the Board approved the appointment of Mr. Rajesh Kumar Singh as an Additional Director (Non-executive and Independent) for a term 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, PGIL, 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 ₹11.70 crore), increasing its shareholding to 99.92%. This acquisition will be funded through internal accruals.
The Board Meeting commenced at 5:00 PM and concluded at 7:05 PM.
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