PG Electroplast Limited — Board Meeting, 04-12-2024: Outcome of Board Meeting

The QIP Committee of PG Electroplast Limited has approved key decisions to proceed with a qualified institutions placement (QIP) of equity shares. The placement document and application form were adopted, and the issuance of shares to eligible institutional buyers has been authorized. The floor price for the QIP is set at ₹705.18 per equity share. Additionally, the relevant date for the QIP is recognized, enabling potential pricing adjustments. The trading window remains closed until 48 hours after the issue price is determined, affecting designated persons.