PIGL to acquire controlling stake in Peaton Electrical Company
Power & Instrumentation (Gujarat) Ltd (PIGL) agreed to acquire an additional 35.82% stake in Peaton Electrical Company Ltd (PECL), bringing its total shareholding to 51.06% and making PECL a subsidiary.
Productsunitized substationsMV panelsLV panelsbus trunking systemscompact substations
“This acquisition marks a pivotal moment for PIGL.”tndindia.com
- 3 sources
- tndindia.comPIGL to acquire controlling stake in Peaton Electrical Company - Your Gateway to Power Transmission & DistributionT&, D IndiaSep 12, 2025
- thenewscartel.comPower & Instrumentation (Gujarat) Limited Increases Stake in Peaton Electrical Company Limited to 51.06% – The News CartelShruti JoshiSep 12, 2025
- up18news.comPower & Instrumentation (Gujarat) Limited Increases Stake in Peaton Electrical Company Limited to 51.06% - Up18 NewsSheetal Singh mayaSep 12, 2025
Summarized from public sources; check the original articles before acting on it.
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