Corporate News     10-Mar-21
PG Electroplast acquires industrial land for capacity expansion
PG Electroplast has entered into an agreement to acquire/purchase all leasehold interests and rights to an industrial land/plot measuring 10 acres adjacent to the Company's manufacturing facility situated at Supa Parner MIDC, Dist. Ahmednagar, Maharashtra at a tentative cost of Rs. 9.5 crore. This land acquisition is initiating the next phase of capital expenditure for the Company.

The industrial land acquired will be used to expand existing facility into a 20 acre integrated manufacturing campus and will enable the Company to significantly improve both its capabilities and capacities for manufacturing Air Conditioners and other appliances.

Previous News
  PG Electroplast consolidated net profit rises 2633.33% in the June 2022 quarter
 ( Results - Announcements 12-Aug-22   14:29 )
  Board of PG Electroplast approves allotment of 6 lakh warrants and 1.65 lakh equity shares
 ( Corporate News - 31-Mar-21   17:19 )
  PG Electroplast to hold AGM
 ( Corporate News - 16-Aug-21   10:46 )
  PG Electroplast standalone net profit rises 13.99% in the March 2016 quarter
 ( Results - Announcements 23-May-16   08:55 )
  PG Electroplast to convene AGM
 ( Corporate News - 14-Aug-20   14:15 )
  PG Electroplast to hold board meeting
 ( Corporate News - 03-Feb-16   16:40 )
  PG Electroplast to conduct AGM
 ( Corporate News - 16-Aug-18   16:38 )
  PG Electroplast's directors resign
 ( Corporate News - 06-Jan-12   09:57 )
  Board of PG Electroplast approves change in directorate
 ( Corporate News - 31-Mar-21   17:23 )
  PG Electroplast standalone net profit rises 51.64% in the June 2019 quarter
 ( Results - Announcements 12-Aug-19   15:47 )
  PG Electroplast reports standalone net loss of Rs 3.15 crore in the December 2015 quarter
 ( Results - Announcements 14-Feb-16   17:41 )
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