NSEBagging/Receiving of orders/contracts23 Jun 2026 · 23 Jun 2026, 04:36 pm

Bagging/Receiving of orders/contracts

Power & Instrumentation (Gujarat) Limited · PIGL

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Power & Instrumentation (Gujarat) Limited has received an additional work order worth Rs. 3.72 crore from Ajmer Vidyut Vitran Nigam Limited (AVVNL). This increases the total order value from AVVNL to Rs. 38.28 crore for the development of distribution infrastructure, specifically the segregation of 11 KV mixed feeders, under the RDSS scheme in Rajasthan. The project, awarded on a turnkey basis, includes supply, erection, installation, testing, and commissioning of materials and equipment, with an execution period of 15 months.

Analysis Scores

Earnings Impact8/10
Growth Catalyst7/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment8/10

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Power & Instrumentation (Gujarat) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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PIGL_23062026163618_Disclosureunderregulation30signed.pdf

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Date: June 23, 2026 To, To, The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Floor 25, P. J. Towers Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai-400051 Scrip Symbol: PIGL Scrip Code:543912 Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, we would like to inform you that the Company is in receipt of additional Work Order worth Rs. 3,72,38,087 (Three Crore Seventy-Two Lakh Thirty- Eight Thousand Eighty-Seven Rupees) (Including taxes) aggregating to Rs. 38,28,38,087/- (Thirty- eight crore, twenty-eight lakh, thirty-eight thousand, and eighty-seven) (Including taxes) in continuous to the order intimated to exchange vide our letter dated 9th October, 25 from M/s Ajmer Vidyut Vitran Nigam Limited for supply, Erection, Installation, Testing and Commissioning of Material/Equipment for development of Distribution Infrastructure work for segregation of 11 KV mixed feeders at Salumbar Circle of Ajmer Discom of Rajasthan state under RDSS scheme on turnkey basis against AVVNL/RDSS-FS/SLB/TN-165. The details of disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is as per ‘Annexure-I’ attached herewith. You are requested to take the above information on your record. For, Power and Instrumentation (Gujarat) Limited Daisy Mehta Company Secretary Mem. No. A29893 Enlc: Annexure I Annexure I Details which a listed entity needs to disclose for the events that are deemed to be material as specified in Para A of Part A of Schedule III of the LODR Regulations Particulars Description Name of the entity awarding the 1 Ajmer Vidyut Vitran Nigam Limited order(s)/contract(s) Supply, Erection, Installation, Testing and Commissioning of Material/Equipment for Significant terms and conditions of development of Distribution Infrastructure work 2 order(s)/contract(s) awarded in for segregation of 11 KV mixed feeders at brief Salumbar Circle of Ajmer Discom of Rajasthan state under RDSS scheme on turnkey basis against AVVNL/RDSS-FS/SLB/TN-165. Whether order(s) / contract(s) have been awarded by domestic/ Domestic entity international entity Supply, Erection, Installation, Testing and Commissioning of Material/Equipment for development of Distribution Infrastructure work 4 Nature of order(s) / contract(s); for segregation of 11 KV mixed feeders at Salumbar Circle of Ajmer Discom of Rajasthan state under RDSS scheme on turnkey basis against AVVNL/RDSS-FS/SLB/TN-165. 5 Whether domestic or international Domestic Time period by which the 6 order(s)/contract(s) is to be 15 Months executed Rs. 3,72,38,087/- (Thirty-seven million, two Broad consideration or size of the 7 hundred thirty-eight thousand, eighty-seven) order(s)/contract(s); (Including taxes) Whether the promoter/ promoter group / group companies have any interest in the entity that awarded 8 No the order(s)/contract(s)? If yes, nature of interest and details thereof Whether the order(s)/contract(s) No would fall within related party transactions? If yes, whether the same is done at “arm’s length