Pearl Global Industries has transferred by way of sale (Off market) its equity stake/investment, comprising of 2,49,995 (0.19%) Equity Shares at a face value of Rs 2 each of PDS, for an aggregate consideration of Rs 8.56 crore. The aforesaid Transaction has been approved by the Audit Committee and Board of Directors of the Company in accordance with Section 177, Section 188 & other applicable provisions of Companies Act, 2013 and SEBI LODR.
Pearl Global Industries is an end-to-end clothing vendor and supplier with a presence across the globe.