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PG Electroplast’s promoter group sells 4 lakh shares

29 Dec 2017 Evaluate

PG Electroplast’s promoter group has sold 4 lakh shares (totaling to 2.44% of the shareholding) in the market on December 28, 2017. With this sale, the stake of the Promoter group has come down to 62.56% from current 65%.

The proceeds from the sales will be infused back into the company as the unsecured zero coupon loan to the company and with this infusion, the company’s ongoing growth plans will get further boost and capex and working capital requirement will be met completely. The company’s management continues to see exciting opportunities and with new capacities and newly installed PU paint and tooling capabilities, company is uniquely positioned in the consumer durable & automotive plastics space in India.

PG Electroplast manufacture and/or assemble a comprehensive range of consumer electronic components and finished products such as colour television (CTV) sets & components, air conditioners (ACs) sub-assemblies, DVD players, water purifiers and Compact Fluorescent Lamps (CFL) for third parties.

PG Electroplast Share Price

535.00 0.75 (0.14%)
04-May-2026 16:59 View Price Chart
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