Power & Instrumentation (Gujarat) Limited — Important, 09-05-2025: Disclosure of material issue

Power and Instrumentation (Gujarat) Limited has announced a board meeting to address a regulatory non-compliance related to the recent allotment of 5.1 million equity shares. The issues involve a delayed start of the lock-in period for warrants allotted in September 2024 and a minor Rs. 1,375 shortfall in warrant conversion consideration due to rounding errors. These lapses carry no immediate financial or operational impact. The company is taking proactive steps to ensure full compliance and prevent future occurrences, maintaining strong corporate governance while continuing its capital-raising efforts.