PG Electroplast Limited — M&A Activity 2020

Nov 5, 2020

Objectsandeffectsofacquisition(includingbut notlimitedto,	Toavailvarious specialfiscalincentivesandbenefitsunder Industrialand otherooliciesof
disclosureofreasonsforacquisitionoftargetentity,ifitsbusinessis	Central andStateGovernments,Theentity wouldbecomewhollyownedsubsidiary
outsidethemain lineofbusiness of	ofPGElectroplast Limited.
thelistedentity);
Brief detailsof any governmental or	Nogovernmentalorregulatory approvalrequired,
regulatory approvals requiredforthe
acquisition;
Indicativetimeperiodforcompletion	Within30workingdays,
oftheacquisition;
Natureofconsideration-whether	CashConsideration,
cashconsiderationorshareswap
anddetailsofthesame;
Costofacquisitionorthepriceat	At face value i.e, Rs, LO/-aggregating
whichthesharesareacquired;	Rs.2,00,000/-
percentageofshareholding/control	100o/oshareholding consistingof20,000equity
acquiredand/ornumberofshares	sharesofRs,10/-each.
acquired;
Briefbackgroundabouttheentity	BriefBackground&last3year'sturnover:The
acquired intermsofproducts/lineofbusinessacquired,dateof	entity isnewlyincorporatedcompany andyettocommenceitsbusiness operations.
incorporation,historyoflast 3yearsturnover, countryinwhichthe	Lineofbusiness: Consumer Durables/Electronics.Incorporationdate:OctoberOB,2O2O.
acquiredentity haspresenceand	CountryofPresence: India,
any other significant information(in
brief);