Pearl Green Clubs and Resorts Board Approves Key Personnel Changes, Welcomes New MD and Secretary

Pearl Green Clubs and Resorts Board Approves Key Personnel Changes, Welcomes New MD and Secretary

Pearl Green Clubs and Resorts Board Approves Key Personnel Changes, Welcomes New MD and Secretary​

The Board of Directors of Pearl Green Clubs and Resorts Ltd announced significant personnel changes following its meeting on April 22, 2026. The board approved the appointment of key managerial personnel and also formally accepted the resignations of two directors.

The appointments and resignations cover roles of Company Secretary, Managing Director, and Directors, with effective dates ranging from April 21, 2026, to April 22, 2026.

Key Appointments​

The Board of Directors, following recommendations from the Nomination and Remuneration Committee, approved two major appointments.

Ms. Nisha Parbat has been appointed as the Company Secretary & Compliance Officer, and designated as a Key Managerial Personnel (KMP). This appointment, which is effective from April 22, 2026, was approved based on her credentials as a Qualified Company Secretary.

Mr. Hemantsingh Naharsingh Jhala was appointed as an Additional Director (Executive-Promoter Category) and designated as the Managing Director and KMP. The appointment, effective April 22, 2026, holds for a term of five years, subject to the approval of the members. Mr. Jhala brings extensive experience in the agriculture and hospitality sectors, and has been associated with the company since its inception.

A summary of the new appointments and key details is presented below:

RoleIndividualStatusEffective DateTerm Details
Company Secretary & Compliance Officer & KMPMs. Nisha ParbatAppointedApril 22, 2026Not fixed; continues until resignation or further orders
Additional Director & Managing Director & KMPMr. Hemantsingh Naharsingh JhalaAppointedApril 22, 20265 years, subject to member approval

Director Departures​

The Board also noted and accepted the resignations of two directors:

  • Mr. Siddhant Aggarwal resigned from the positions of Managing Director and Director. His resignation was effective from April 21, 2026, citing personal commitments.
  • Mr. Prabhat Kumar Jha resigned from the position of Director, effective from April 21, 2026, due to pre-occupation.

These changes finalize the shift in key leadership and governance roles within the company.

Stock Price Movement​

At the close of trade today, Pearl Green Clubs and Resorts Ltd finished lower, settling at ₹140.00, representing a 4.76% decline. Throughout the day, the shares saw significant movement, ranging between a low of ₹139.95 and a high of ₹144.90.
 

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