Power and Instrumentation (Gujarat) has informed that the Board of Directors in their meeting held on Tuesday, March 10, 2026 which was commenced at 10:50 AM and Concluded at 11:20 AM decided to allot 4,84,600 Equity Shares upon conversion of warrants to Promoter and Non-Promoter at the price of Rs 83.75 including premium of Rs 73.75 per share on preferential basis. Consequent to the aforesaid allotment, the paid-up equity capital of the Company has increased from Rs 19,48,64,300 consisting of 1,94,86,430 Equity Shares of Rs 10 each to Rs 19,97,10,300 consisting of 1,99,71,030 Equity Shares of Rs 10 each. The details required under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is given in the enclosed Annexure-I & Annexure II.
The above information is a part of company’s filings submitted to BSE.
