Power & Instrumentation (Gujarat) Limited — Board Meeting, 26-03-2025: Outcome of Board Meeting

The Board of Directors has approved the allotment of 6.10 lakh equity shares at a face value of Rs. 10 each, with a premium of Rs. 73.75 per share. This allotment results from the conversion of an equal number of convertible warrants, previously issued to the Promoter Group. This strategic move is poised to enhance the company's equity base and strengthen its financial position.