# 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.

- Type: Acquisition
- Announced: 2025-09-12
- Where: Ahmedabad, Gujarat, India
- Status: announced
- Products: unitized substations, MV panels, LV panels, bus trunking systems, compact substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Power & Instrumentation (Gujarat) Ltd](https://endata.com/companies/87283.md) (acquirer)
- [Peaton Electrical Company Ltd](https://endata.com/companies/87284.md) (target)

## Sources

- [tndindia.com](https://www.tndindia.com/pigl-to-acquire-controlling-stake-in-peaton-electrical-company/), 2025-09-12: "This acquisition marks a pivotal moment for PIGL."
- [thenewscartel.com](https://thenewscartel.com/power-instrumentation-gujarat-limited-increases-stake-in-peaton-electrical-company-limited-to-51-06/), 2025-09-12: "This strategic acquisition will bring PIGL’s total shareholding to 51.06%, making PECL a subsidiary."
- [up18news.com](https://up18news.com/power-instrumentation-gujarat-limited-increases-stake-in-peaton-electrical-company-limited-to-51-06/), 2025-09-12: "This strategic acquisition will bring PIGL’s total shareholding to 51.06%, making PECL a subsidiary."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.