Ahmedabad (Gujarat) [India], September 12: Power & Instrumentation (Gujarat) Limited (PIGL) (NSE: PIGL, BSE: 543912), one of the leading players in the electrical contracting and equipment sector, has agreed to acquire an additional 35.82% stake in Peaton Electrical Company Limited (PECL). This strategic acquisition will bring PIGL’s total shareholding to 51.06%, making PECL a subsidiary. Prior to this transaction, PIGL already held a 15.23% stake in PECL.
About Peaton Electrical Company Limited
- PECL specialises in manufacturing…








