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PG Electroplast’s arm acquires 100% stake in Next Generation Manufacturers

04 Mar 2024 Evaluate

PG Electroplast’s wholly owned subsidiary -- PG Technoplast (PGTL) has acquired 100% stake in Next Generation Manufacturers i.e. 10,000 equity shares and 1,50,000 0% Compulsorily Convertible Debentures. Consequently, NGM has become a Wholly Owned Subsidiary of PGTL.

Objects of acquisition are to avail physical infrastructure (Land, Building, Plant & Machinery), acquire manufacturing business of NGM for growth and expansion and to become a preferred outsourcing vendor for Consumer Durables and Electronics Business of Amstrad Brand.

PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.

PG Electroplast Share Price

561.25 3.80 (0.68%)
17-Apr-2026 16:59 View Price Chart
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