PADMARAJ P PILLAI HUF, a promoter, bought 2,85,000 shares of Power & Instrumentation (Gujarat) Limited for ₹2.87 Cr at ₹100.78 apiece through a preferential allotment, increasing its stake from 0.00% to 1.43%.
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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