PG Electroplast Limited — Capital/Financing Update 2024

Oct 19, 2024

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October 19, 2024

To, To, The Manager (Listing) The Manager (Listing) BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 533581 Scrip Symbol: PGEL

Sub: Outcome of the Meeting of Board of Directors held on October 19, 2024

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123, dated July 13, 2023, we wish to inform your good office that the Board of Directors of the Company at their meeting held today i.e., Saturday, October 19, 2024 at 10:00 AM concluded at 11:05 AM have inter-alia, considered and approved the following businesses:

1. Issuance of equity shares or other convertible securities by way of Qualified Institutions Placement, for an aggregate consideration not exceeding Rs. 1500 Crores (Rupees Fifteen Hundred Crores only) in accordance with the applicable laws including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, each as amended, subject to receipt of all necessary approvals, if and to the extent required;

2. Approved the draft Notice of Extra-Ordinary General Meeting ("EGM") for seeking approval of the shareholders by way of special resolution for issuance of the Securities.

Kindly take the above information on your records.

For PG Electroplast Limited

SANCHA Digitally signed by SANCHAY DUBEY Y DUBEY Date: 2024.10.19 11:12:07 +05'30'

(Sanchay Dubey) Company Secretary

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