Power and Instrumentation (Gujarat) Ltd

Power and Instrumentation (Gujarat) Ltd has secured a significant work order worth ₹6,05,76,260 (exclusive of GST) from M/s Mahesh Solar Solution Private Limited. The order pertains to the supply of 11kV ICOG Panel and Inverter LT Panel for the KUSUM-C Solar PV Project across 11 sites in Maharashtra. The execution period for this contract is estimated to be 5-6 weeks from the date of drawing approval. This development is expected to bolster the company's order book and revenue streams in the renewable energy sector.

Power and Instrumentation (Gujarat) Ltd has received an approval letter from the Airports Authority of India (AAI) for the Hisar Airport Project. The company is designated as a Specialized Agency to undertake works related to the Power Supply System. This includes critical components such as substation equipment, DG sets, transformers, HT/LT panels, cabling, and APFC panels. This approval is significant as it positions the company to play a key role in the development of the Hisar Airport's power infrastructure.

Power and Instrumentation (Gujarat) Ltd has issued a letter to shareholders who have not registered their email addresses, providing a web link to access the company's 42nd Annual Report for the financial year 2025-26. The Annual General Meeting (AGM) is scheduled for Friday, September 25, 2026, at 02:30 PM IST, to be held via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The web link for the Annual Report and the Notice of AGM are provided. Shareholders are encouraged to update their email addresses for future communications and to support green initiatives. Contact details for the Registrar and Share Transfer Agent, Skyline Financial Services Pvt. Ltd, are also included for any queries.

Power and Instrumentation (Gujarat) Ltd has announced its 42nd Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 02:30 p.m. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI regulations. Shareholders will have the facility for remote e-voting from September 22, 2026, 9:00 a.m. to September 24, 2026, 5:00 p.m. The cut-off date for determining voting entitlement is September 18, 2026. The Annual Report and Notice of AGM are available on the company's website.

Power and Instrumentation (Gujarat) Ltd has filed its Annual Report for the fiscal year 2025-26, as required by SEBI regulations. The report includes the Notice of the 42nd Annual General Meeting (AGM), scheduled for September 25, 2026, to be held virtually. The report details the company's performance, strategic progress, financial highlights, and its vision for the future, emphasizing growth pillars of Dependability, Network, and Agility. It covers company overview, management discussion, board's report, and standalone/consolidated financial statements. The company highlights its evolution into a future-ready energy solutions provider, focusing on innovation, sustainability, and responsible growth across various infrastructure sectors.

Power and Instrumentation (Gujarat) Ltd's Board of Directors met on August 25, 2026, approving the 'Power and Instrumentation (Gujarat) Limited Employee Stock Option Plan 2026' (PIGL ESOP), subject to shareholder approval. The Board also approved the Directors' Report for FY26 and related party transactions with Peaton Electrical Company Limited, pending member approval. The 42nd Annual General Meeting is scheduled for September 25, 2026, via Video Conferencing. Cut-off dates for shareholder notices and voting were set, and the Annual Report for FY25-26 will be dispatched electronically. M/s. Nisarg Sharma & Associates were appointed as Scrutinizers for the e-voting process.

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.

Power and Instrumentation (Gujarat) Ltd has announced a Board of Directors meeting scheduled for August 14, 2026. The primary agenda is to consider and approve the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026. Additionally, the meeting will address any other business with the permission of the Chair. The company also informed about the closure and subsequent opening of the trading window in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Power and Instrumentation (Gujarat) Ltd has received an additional work order worth ₹3,72,38,087 (including taxes) from Ajmer Vidyut Vitran Nigam Limited. This order is for the supply, erection, installation, testing, and commissioning of material/equipment for distribution infrastructure development under the RDSS scheme in Rajasthan. The work is to be executed on a turnkey basis and is expected to be completed within 15 months. This additional order brings the total order value to ₹38,28,38,087.

Power and Instrumentation (Gujarat) Limited has received an additional work order from Ajmer Vidyut Vitran Nigam Limited (AVVNL) amounting to ₹7,13,69,325.90. This new order increases the total value of the contract from AVVNL to ₹75,35,69,325.90. The project involves the supply, erection, installation, testing, and commissioning of material/equipment for developing distribution infrastructure to segregate 11 KV mixed feeders at Dungarpur Circle of Ajmer Discom, Rajasthan. This work is part of the RDSS Scheme and will be executed on a turnkey basis. The project completion schedule is 540 days from the date of the Letter of Award.