PG Electroplast Ltd Allots 2,44,250 Equity Shares to Employee Welfare Trust
PG Electroplast Ltd announced the allotment of 2,44,250 equity shares to the PG Electroplast Limited Employees Welfare Trust. The allotment was approved by the Nomination & Remuneration Committee of the company at its meeting held on Monday, April 20, 2026.The shares were allotted under the framework of the PG Electroplast Employees Stock Options Scheme - 2020.
The transaction resulted in a subsequent increase in the paid-up equity share capital of the company. The company's capital structure details are as follows:
| Metric | Previous Value | New Value |
|---|---|---|
| Allotted Shares | N/A | 2,44,250 Shares |
| Previous Paid-up Capital | Rs. 28,53,42,658/- | Rs. 28,55,86,908/- |
| Face Value per Share | Rs. 1/- | Rs. 1/- |
| Total Shares | 28,53,42,658 Shares | 28,55,86,908 Shares |
The allotment of 2,44,250 equity shares, each with a face value of Rs. 1/-, to the PG Electroplast Limited Employees Welfare Trust enhances the company's paid-up equity share capital.
PGEL Stock Price Movement
Shares of PG Electroplast Limited today slipped by 0.78% to settle at ₹559.05 in post-market trading. The equity experienced solid activity, with shares trading on a volume of 2.28 million today.Source:
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