PEARLGLOBL

Pearl Global Ltd has informed the Exchange that the Board of Directors of the Company in their meeting held on June 29, 2009, has not recommended any dividend for the financial year 2008-09.

Pearl Global Ltd has informed the Exchange that the Board of Directors at their meeting held on June 20, 2008, has not recommended any dividend for the financial year 2007-08.

Pearl Global Ltd has informed the Exchange that "The Board of Directors at their meeting held today, 20th December 2007, considered and approved the proposal of the Company of entering into real estate, infrastructure and education activities by seeking approval of shareholders by way of Postal Ballot."

Pearl Global Ltd has informed the Exchange that Board of Directors in their meeting held today i.e. April 24, 2007, has allotted 302203 equity shares as per the list given below. Same has been done in compliance of Order of Hon'ble Delhi High Court dated October 6, 2006, on account of merger of Pearl Styles Limited and City Estates Pvt. Limited (Transferor Companies) with Pearl Global Limited (Transferee Company). (1) Name : Deepak Seth, No. of shares Allotted on account of Merger : 30, No. of Shares : Pre Merger : 470691, Post Merger : 470721, Holdings (In%) : Pre merger : 5.948, Post Merger

Pearl Global Ltd has informed the Exchange that the Board of Directors of the company in their meeting held on July 18, 2006, considered and approved, as under:- (a) Re-appointed Mr. Pulkit Seth as Managing Director and increased the remuneration payable thereof, subject to approval of shareholders for a period of two years with effect from August 01, 2006 to July 31, 2008. Mr. Pulkit Seth is re-appointed in the category of Executive Director of the Company will have substantial powers to manage the day-to day affairs and operations of the Company, under the superintendence and control of the

Pearl Global Ltd has informed the Exchange that the BODs in their meeting held on February 07,2006 (adjourned from January 31,2006) have accorded their consent to the feasibility study of Merger of Pearl Styles Ltd. and City Estates Pvt. Ltd. with Pearl Global Limited and approved the Scheme of Amalgamation between Pearl Styles Limited and City Estates Pvt. Limited with Pearl Global Limited, subject to approval of Shareholders and Creditors and Sanction of Hon'ble High Court of Delhi at New Delhi. The BODs have recommended the Swap Ratio of 30.16 equity shares of Pearl Global Limited for every

Pearl Global Ltd has informed the Exchange that the Board of Directors of the Company in their meeting held on March 31, 2005, considered and approved unanimously, as under: 1) The resignation of Shri Sanjay Pershad from the office of Whole-time Directorship of the Company w.e.f. the close of business hours on March 31, 2005. The Board further resolved that Shri Sanjay Persad will continue to be on the Board as the Non-Executive Director of the Company and that no Managerial Remuneration will be paid to him w.e.f. April 01, 2005. Accordingly, he shall be entitled to the applicable Sitting Fe

Pearl Global Ltd has informed the Exchange that the Board Meeting scheduled to be held on March 23, 2005 to consider the appointment of Shri Pulkit Seth, Director of the Company, as Managing Director of the Company, with effect from April 01, 2005 has been called off due to unavoidable reasons.

Pearl Global Ltd has informed the Exchange that the BODs of the company in their meeting held on January 12,2005,discussed, inter-alia, the Market Scenario after implementation of Multi Fibre Agreement under which Quota Regime has given way to Open Trading from January 01,2005 and has unanimously felt that there is an urgent need to not only consolidate the Company's position in the International Market, but an aggressive and extensive market strategy is to be followed and implemented keeping in view the ever changing International Market demands and sentiments.

Pearl Global Ltd has informed the Exchange that the BoD's of the company in their meeting held on September 27, 2004, have subject to all necessary consents and approvals, approved unanimously the following : a) Appointment(s) of Shri Pallak Seth and Shri Pulkit Seth, both NRI's and relative of Shri Deepak Seth, Chairman of the Company, as Additional Directors of the Company with effect from October 01, 2004. b) Re-appointment of M/s S. R. Dinodia & Co., Chartered Accountants, as Statutory Auditors of the Company from the conclusion of Annual General Meeting until the conclusion of the next A

(9) To design, develop, maintain, programme, buy, import, export, sell, licence, market, implement, rent, hire, acquire, sub-contract and deal in all kind of software and software related systems, services and activities, engineering designs, computer systems, communication systems, programmed products, provide consultancy, data processing services and complete software or computer based solutions. (10) To carry on the business of analyzing, maintaining, compiling, coding, converting, programming and advising on matters relating to purchase, design, development and implementation of all kind o