PG Electroplast Limited — Capital/Financing Update 2024

Mar 2, 2024

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March 02, 2024

To, The Manager (Listing) BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

To, The Manager (Listing) National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Scrip Code: 533581

Scrip Symbol: PGEL

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Execution of Definitive Agreement for acquisition by PG Technoplast Private Limited, a Wholly Owned Subsidiary of the Company.

Dear Sir/ Madam,

We refer to our disclosure dated February 11, 2024 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 regarding execution of ‘Definitive Agreement’ to acquire 100% stake in Next Generation Manufacturers Private Limited (“NGM”) by PG Technoplast Private Limited (“PGTL”) [Wholly Owned Subsidiary of the Company – PG Electroplast Limited (“PGEL”)].

Further to the above disclosure, please note that PGTL have acquired 100% stake in NGM i.e. 10,000 equity shares and 1,50,000 0% Compulsorily Convertible Debentures. Consequently, NGM has become a Wholly Owned Subsidiary of PGTL.

Except above acquisition of equity shares and Compulsorily Convertible Debentures, all other particulars mentioned in our disclosure dated February 11, 2024 remains the same.

This is for your information and record.

For PG Electroplast Limited

Digitally signed by Sanchay Dubey Date: 2024.03.02 16:34:34 +05'30'

Sanchay Dubey (Sanchay Dubey) Company Secretary

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