Archive · 1 Sep 2025
PG Electroplast Shares Rise After Maharashtra Pact
PG Electroplast's subsidiary plans to build a big factory in Maharashtra to make things like air conditioners.
They signed an agreement with the government for this, promising to invest a lot of money.
This factory should create many jobs in the area.
While the company's shares went up a bit after this announcement, they had dropped in value over the past month.
The company also said they don't expect to make as much profit this year as they originally thought.
PG Electroplast is a company that helps other brands make electronics.
PG Electroplast shares rose 3% after the announcement.
Its subsidiary signed a Rs 1,000 crore MoU with the Maharashtra government.
A new consumer electronics plant will be set up in Ahilyanagar.
The plant will create over 5,000 jobs.
PG Electroplast shares had fallen nearly 30% in the past month.
- Who
- PG Electroplast, through Next Generation Manufacturers
- What
- Signed an MoU with the Maharashtra government to establish a consumer electronics plant.
- When
- September 1, 2025
- Where
- Kamargaon, Ahilyanagar, Maharashtra
- Why
- To develop integrated manufacturing capacities and strengthen the local ecosystem.
- Company
- PG Electroplast
- Subsidiary
- Next Generation Manufacturers
- MoU Value
- Rs 1,000 crore
- Plant Location
- Kamargaon, Ahilyanagar
- Jobs Created
- Over 5,000
- Share Price Increase
- 3%
- Previous Month's Share Performance
- Fell nearly 30%