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PIGL — Power and Instrumentation (Gujarat) News Story

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Brief: Power And Instrumentation (Gujarat) Announces Fundraise Of 714.8 Million Rupees

Aug 5 (Reuters) - Power and Instrumentation (Gujarat) Ltd  POER.NS :
    * FUNDRAISE OF 714.8 MILLION RUPEES VIA PREFERENTIAL SHARES,WARRANTS
    * TO ACQUIRE CONTROLLING STAKE IN PEATON ELECTRICAL COMPANY
    * PLAN TO INCREASE STAKE TO UP TO 60% IN PEATON ELECTRICAL CO


Further company coverage:  POER.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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