Announced Mon, 9 Jun · 14:18 IST

Power & Instrumentation (Gujarat) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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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

Awaiting price reaction for this filing.

AI summary

Power & Instrumentation (Gujarat) Limited has received a work order valued at Rs. 1.32 crore (including GST) from Nyati Engineering & Construction Private Limited. The scope involves design, supply, installation, testing, and commissioning of ELV raceways and cable tray work at the Udaipur Air Terminal in Rajasthan. The order is domestic and must be completed within 6 months from the effective date. There is no promoter or related-party interest in the awarding entity. The disclosure has been made under SEBI LODR Regulation 30.

Likely market impact

This is a modest-sized new order for the company. While it adds to the order book, the relatively small value means limited immediate impact on revenue or stock price. Positive signal for business continuity in infrastructure/airport electrical works segment.