Power & Instrumentation (Gujarat) Limited — Important, 10-03-2026: Disclosure of material issue

PIGL update: The company has allotted 4.85 lakh new equity shares at ₹83.75/share, following the conversion of warrants by both promoter and non-promoter entities.

**Impact:**

* This move injects approximately ₹4.06 Cr into PIGL, strengthening its financial position.

* The company's paid-up capital now stands at ₹19.97 Cr, reflecting roughly a 2.49% increase in total outstanding shares, resulting in minor dilution for existing shareholders.