Announcement under Reg. 30 of SEBI LODR, 2015

PIGL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.6%1-day move

₹100.80

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+2.6+4.7+7.1+5.2+8.9-2.2+3.7+17.0+10.0—

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AI summary

Power and Instrumentation (Gujarat) Ltd has received a Letter of Intent (LOI) from Greaves Cotton Limited to act as an authorised channel partner for sales of DG (Diesel Generator) Sets in specified cities of Gujarat. The agreement is valid from 15 May 2026 to 11 November 2026, covering approximately 6 months. Under this arrangement, the company will be the only authorised seller of DG Sets in the specified areas. The company expects this partnership to strengthen its presence in the energy solutions segment and create growth opportunities in Gujarat. No financial details or revenue impact figures have been disclosed in the filing.

Likely market impact

This is a positive business development as the company gains a distribution partnership with Greaves Cotton Limited for DG Set sales. However, the limited tenure of 6 months and absence of financial details make it difficult to assess the immediate material impact on revenue or stock price.