Pearl Global Industries gets nod for Scheme of Arrangement

Pearl Global Industries Ltd. | Textile | Textiles & Apparels | BSE: 532808 | NSE: PGIL

15 Nov 2012 Evaluate

Pearl Global Industries has received an approval for Scheme of Arrangement between the company and PDS Multinational Fashions - its wholly owned subsidiary and their respective shareholders and creditors for demerger of the business undertaking of the company and its subsequent merger with and into the PDS Multinational Fashions. The company’s board gave its approval on November 12, 2012

Pearl Global Industries currently operate in 6 strategic locations and 2 continents, with a turnover of $270 million (2010-11), leveraging the strengths of each country in creating a strong value for its clients.

Peers

Company Name	CMP
Vardhman Textiles	569.20
Welspun Living	225.00
Arvind	555.15
Raymond Lifestyle	688.00
K.P.R. Mill	1132.60
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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