PADMARAJ P PILLAI HUF, a promoter, increased its stake in Power & Instrumentation (Gujarat) Limited from 1.40% to 2.88% by acquiring 3,00,000 shares for ₹2.85 Cr at ₹94.93 apiece through a preferential allotment.
A specialist in electrical contracting and equipment distribution, Power & Instrumentation operates across industrial and infrastructure segments since its incorporation in 1975. The company provides comprehensive electrical contract work services alongside a focused portfolio of electrical equipment offerings. Based in Gujarat, it serves diverse clientele requiring specialized electrical solutions and project execution capabilities in India's power sector.
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