Power & Instrumentation (Gujarat) Limited
Incorporated in 1975, Power & Instrumentation (Gujarat) Ltd is in the business of Electrical Contract Work and deals in electricalequipment
What Power files
- Others39
- Investor Meet38
- Important27
- Updates24
- Board Meeting21
- New Orders17
PIGL has allotted 3 lakh equity shares to its Promoter Group (M/S PADMAVIR HOSPITALITY LLP) at Rs. 83.75 per share. These shares were issued upon conversion of previously held warrants. **Impact for investors:** This action increases PIGL's paid-up equity capital from Rs. 20.87 Cr to Rs. 21.17 Cr, with the...
Power & Instrumentation (Gujarat) Limited (PIGL) has increased its stake in subsidiary Peaton Electrical Company Limited (PECL) to 60%. **Issue:** PIGL has acquired an additional 8.94% stake in PECL for Rs. 3.13 Cr in cash. This is a strategic move to deepen its relationship with the subsidiary. **Possible Impact:** This...
PIGL has allotted 5.44 lakh new equity shares at Rs. 83.75 each, including a premium of Rs. 73.75, following the conversion of warrants by both promoter and non-promoter entities. **Issue & Impact:** This allotment increases the company's paid-up equity capital from approximately Rs. 20.33 crore to Rs. 20.87 crore. The...
PIGL's board has allotted 3,54,339 new Equity Shares following the conversion of warrants by both its Promoter (Padmaraj P Pillai HUF) and a Non-Promoter (M/s Pulakeshin Private Limited). The shares were allotted at Rs. 83.75 each, including a premium of Rs. 73.75 per share. **Issue:** This event marks the conversion...
PIGL update: The company has allotted 4.85 lakh new equity shares at ₹83.75/share, following the conversion of warrants by both promoter and non-promoter entities. **Impact:** * This move injects approximately ₹4.06 Cr into PIGL, strengthening its financial position. * The company's paid-up capital now stands at ₹19.97 Cr, reflecting roughly...