Power & Instrumentation (Gujarat) Limited — Board Meeting, 10-07-2025: Outcome of Board Meeting

Power and Instrumentation (Gujarat) Ltd has announced a board meeting on which approved the allotment of 2.9 lakh equity shares at a premium of Rs. 73.75 each. These shares were issued upon conversion of an equal number of convertible warrants previously allotted to both promoter and non-promoter groups on a preferential basis. This move strengthens the company’s equity base without any fresh fundraising announcement. No other operational or strategic updates were disclosed.