Pearl Global Industries Limited conducted its 37th Annual General Meeting (AGM) on Monday, July 20, 2026, at 5:00 PM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) facility in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.
The meeting was chaired by Dr. Deepak Kumar Seth, Chairman of the Board, who introduced the Directors, Key Managerial Personnel, and all invitees. Ms. Shilpa Saraf, Company Secretary, confirmed that requisite quorum was present and called the meeting to order. She apprised members of e-voting guidelines, including the start and end date & time for remote e-voting, details of the Scrutinizer, and procedures for submission of voting results.
The notice convening the 37th AGM along with Audited Financial Statements (Standalone and Consolidated) for the year ended March 31, 2026, together with Auditors' Reports and the Board's Report and annexures, were taken as read since there were no qualifications in the audit reports.
Dr. Deepak Kumar Seth delivered a speech highlighting the company's operational and financial performance for FY2026 and shared his vision for future growth and expansion. He thanked Board Members and shareholders for their support and cooperation.
Resolutions Considered
Four resolutions were presented and considered at the meeting:
1. Ordinary Resolution: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements for FY2026, including Reports of the Board of Directors and Auditors
2. Ordinary Resolution: To appoint Mr. Pulkit Seth (DIN: 00003044) as Director who retires by rotation and offers himself for re-appointment
3. Special Resolution: Appointment of Mr. Rajesh Kumar Singh (DIN: 11690324) as an Independent Director
4. Ordinary Resolution: To approve material related party transactions between Pearl Global Industries FZCO (wholly owned subsidiary) and Norp Knit Industries Limited (subsidiary company)
Shareholder Engagement
Registered speakers were invited to share views, ask questions, and offer comments on company operations. Responses were provided by Dr. Deepak Kumar Seth (Chairman), Mr. Pulkit Seth (Vice-Chairman), Mr. Pallab Banerjee (Managing Director), and Mr. Sanjay Gandhi (Group CFO).
Voting Procedures
Ms. Shilpa Saraf informed members that e-voting facility was available during the meeting for those who had not cast votes through remote e-voting. Mr. Jayant Sood, Practicing Company Secretary, was appointed as scrutinizer for e-voting and will report on voting results for each resolution. The voting results will be announced within prescribed time, submitted to stock exchanges, and placed on the company website at www.pearlglobal.com.
The 37th AGM concluded with a vote of thanks to the Chair at 5:50 PM.