Pearl Global signs deal with DLF Retail

Pearl Global has signed a collaboration agreement with DLF Retail Developers for the development of its property situated on NH -8, Gurgaon measuring 9.20 acre.

According to a release issued by Pearl Global to the BSE today, the company had earlier signed agreement with Ansal Properties and Infrastructure for the development of this property, which has been now cancelled.

The release added that the board will meet on December 14 to consider and approve a resolution for the commencement of a new business subject to the approval of shareholders "to set up, buy, sell or let on hire industrial estates, land and buildings, buy and sell land for industrial estates and carry on the business of builders and contractors."