
Board Meeting14 Aug 2026, 07:01 pm
Power & Instrumentation Gujarat Board Approves Financial Results
AI Summary
Power and Instrumentation (Gujarat) Ltd announced that its Board of Directors met on August 14, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The Board also accepted the resignation of Janki Shah & Associates as Secretarial Auditor and approved the appointment of Nisarg Sharma & Associates as the new Secretarial Auditor for a five-year term, subject to member approval. Additionally, the appointment of Mr. Manav Rastogi as Director to the board of material subsidiary Peaton Electrical Company Limited was approved. The company reported no deviation in fund utilization as no funds were raised during the quarter.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Resignation of Secretarial Auditor accepted; new auditor appointed.
- Appointment of Director approved for material subsidiary Peaton Electrical.
- No deviation in fund utilization reported for the quarter.
- No funds were raised during the quarter under review.
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