PG Electroplast arm acquires 72-acre land in Maharashtra for greenfield project

Major Capex Above 10pct NetworthCapex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.3%Reaction day

₹530.45

prior close

₹525.80

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.9%-1.4% vs market

Consumer Electronics peers, median of 11sector-2.3%-1.1% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.1 pts less than its Consumer Electronics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-3.3-1.9-1.4-2.3-1.1

Next day

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+2.4+0.1+2.3-2.3+4.7

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+3.5+0.9+2.6-1.1+4.6

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15d

+16.5+2.3+14.2-3.3+19.8

+14.9+2.6+12.2-1.5+16.3

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+3.7+6.2-2.6-0.9+4.6

UpDownMarket · Nifty Smallcap 250Sector · Consumer Electronics peers, median of 11Pending

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AI summary

PG Electroplast's step-down subsidiary Next Generation Manufacturers has acquired a 72-acre land parcel in Kamargaon, Ahilyanagar, Maharashtra. This is part of a Rs 1,000 crore greenfield project under a MoU with the Maharashtra government signed on August 30, 2025. The acquisition marks a landmark expansion for the company in the state.

Likely market impact

Signals major capacity expansion. The Rs 1,000 crore greenfield investment could boost long-term growth but raises near-term capex execution risk.