Power & Instrumentation (Gujarat) Limited Increases Stake in Peaton Electrical Company Limited to 51.06%

September 12, 2025

, By PNN

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Ahmedabad (Gujarat) [India], September 12: Power & Instrumentation (Gujarat) Limited (PIGL) (NSE: PIGL, BSE: 543912), one of the leading players in the electrical contracting and equipment sector, has agreed to acquire an additional 35.82% stake in Peaton Electrical Company Limited (PECL). This strategic acquisition will bring PIGL’s total shareholding to 51.06%, making PECL a subsidiary. Prior to this transaction, PIGL already held a 15.23% stake in PECL.

About Peaton Electrical Company Limited

PECL specialises in manufacturing…

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