Power & Instrumentation board to consider ESOP scheme, AGM notice

0 min read     Updated on 20 Aug 2026, 02:43 PM
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Power & Instrumentation (Gujarat) Ltd will hold a board meeting on August 25, 2026, to approve the PIGL ESOP Scheme 2026 and set the AGM schedule. The move requires shareholder approval.

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Power & Instrumentation (Gujarat) Limited has scheduled a meeting of its Board of Directors for Tuesday, August 25, 2026. The session will be held at the company's registered office in Ahmedabad.

The primary agenda items include the consideration and approval of the proposed PIGL ESOP Scheme 2026. This approval is subject to necessary regulatory and statutory clearances, as well as shareholder consent. Additionally, the board will review and approve the draft notice for the Annual General Meeting (AGM), including the fixing of its date, time, and venue.

The intimation was issued under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Daisy Mehta, Company Secretary and Compliance Officer, signed the disclosure on August 20, 2026.

Historical Stock Returns for Power & Instrumentation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.57%-7.22%-6.08%-11.85%-26.89%+17.30%

How might the implementation of the PIGL ESOP Scheme 2026 impact the company's earnings per share (EPS) and equity dilution in the near term?

What are the specific vesting conditions and performance metrics tied to the proposed ESOP scheme, and how do they align with the company's long-term growth strategy?

Will the approval of the ESOP scheme influence Power & Instrumentation's ability to attract and retain key technical talent in a competitive market?

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Power & Instrumentation wins Rs 3.72 Cr order from Ajmer Vidyut Vitran Nigam

1 min read     Updated on 24 Jun 2026, 01:38 AM
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Power & Instrumentation (Gujarat) Limited has secured an additional work order worth Rs 3,72,38,087 from Ajmer Vidyut Vitran Nigam Limited for distribution infrastructure under the RDSS scheme. The project involves the supply, erection, and commissioning of 11 KV mixed feeders at Salumbar Circle in Rajasthan. This addition brings the total aggregate contract value to Rs 38,28,38,087, with execution scheduled for completion within 15 months.

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Power & Instrumentation (Gujarat) Limited has secured an additional work order worth Rs 3,72,38,087 from Ajmer Vidyut Vitran Nigam Limited for the development of distribution infrastructure. The project entails the supply, erection, installation, testing, and commissioning of material and equipment for the segregation of 11 KV mixed feeders at the Salumbar Circle of Ajmer Discom in Rajasthan. This work is being executed under the RDSS scheme on a turnkey basis against the reference AVVNL/RDSS-FS/SLB/TN-165.

The latest order is an addition to a previously intimated contract, bringing the total aggregate value to Rs 38,28,38,087. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The order has been awarded by a domestic entity and is not a related party transaction. The execution of the project is scheduled to be completed within a period of 15 months.

Particulars Description
Client Name Ajmer Vidyut Vitran Nigam Limited
Order Value Rs 3,72,38,087 (Including taxes)
Total Aggregate Value Rs 38,28,38,087 (Including taxes)
Nature of Work 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
Execution Period 15 Months
Entity Type Domestic

Historical Stock Returns for Power & Instrumentation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.57%-7.22%-6.08%-11.85%-26.89%+17.30%

How will this additional order impact Power & Instrumentation's revenue projections for the current fiscal year?

Does the company anticipate securing further orders under the RDSS scheme in other regions of Rajasthan?

What are the potential margin implications of the turnkey execution model for this project?

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1 Year Returns:-26.89%