PG ELECTROPLAST LTD.

PG Electroplast Limited has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date for the Board Meeting to approve these financial results will be communicated later. This measure is in place to prevent insider trading during the sensitive period leading up to the financial results announcement.

PG Electroplast Ltd (PGEL) reported its audited financial results for the quarter and year ended March 31, 2026. The company faced challenges including early monsoon, GST cut announcement, and BEE rating transition impacting the Room AC industry. For FY26, revenue increased by 8.6% to ₹5,288.02 crore, but EBITDA decreased by 14.9% to ₹441.76 crore, and net profit declined by 33.5% to ₹193.60 crore. Q4 FY26 was particularly challenging due to weak Room AC demand and supply-side disruptions, leading to an estimated revenue loss of ₹420 crore and reduced PBT by nearly ₹60 crore.

PG Electroplast Ltd's board approved audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend of ₹0.25 per equity share (25%). The meeting concluded on May 27, 2026, at 06:30 P.M. The results and auditor's report with an unmodified opinion are enclosed.

PG Electroplast Ltd's board meeting on May 27, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend of ₹0.25 per equity share (25%). The meeting commenced at 04:45 P.M. and concluded at 06:30 P.M.

ICICI Prudential Mutual Fund acquired 1,99,978 shares of PG Electroplast Ltd. on May 22, 2026, increasing its stake to over 5% of the company's paid-up capital. The acquisition is for investment purposes and not to gain controlling interest. Following the purchase, ICICI Prudential Mutual Fund holds 1,44,78,129 shares, representing 5.0696% of the company.

PG Electroplast Ltd. received an administrative warning letter from SEBI regarding trades executed by certain Designated Persons in violation of insider trading regulations. The company has taken necessary action against the individuals involved. The warning letter, dated May 15, 2026, was received on May 18, 2026. According to the company, there is no financial or operational impact.

PG Electroplast Ltd has withdrawn its scheduled Analysts/Investors Meeting on May 20, 2026, due to a medical exigency of a Key Managerial Personnel. The meeting, concerning the financial performance for the quarter and financial year ended March 31, 2026, will be rescheduled, and the new date will be communicated to stakeholders in due course. The company clarified that there are no other reasons for the cancellation.

PG Electroplast Ltd has rescheduled its Board Meeting from May 19, 2026, to May 27, 2026, due to a medical exigency involving a Key Managerial Personnel. The meeting will be held via video conferencing to consider and approve the businesses as mentioned in the earlier intimation dated May 12, 2026. The trading window remains closed from April 01, 2026, to May 29, 2026, and will reopen on June 01, 2026.

PG Electroplast Ltd has released the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, concerning the utilization of proceeds from its Qualified Institutions Placement (QIP). The report, in compliance with SEBI regulations, confirms that there are no deviations from the stated objectives for the use of the QIP proceeds. The QIP issue period was from December 4, 2024, to December 9, 2024, with an issue size of ₹1,500.00 crore (Net proceeds: ₹1,477.56 crore).

PG Electroplast Ltd has scheduled a Board of Directors meeting on May 19, 2026, to consider and approve the audited financial results (standalone & consolidated) for the quarter and financial year ended March 31, 2026. The board will also consider the recommendation of a final dividend, if any, for the financial year ended March 31, 2026. The trading window remains closed from April 01, 2026, to May 21, 2026.