PG Electroplast : Conversion

September 27, 2022

To,	To,
The Manager (Listing)	The Manager (Listing)
BSE Limited,	National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers,	Exchange Plaza,
Dalal Street,	Bandra Kurla Complex,
Mumbai - 400 001	Bandra (East),
	Mumbai - 400 051
Scrip Code: 533581	Scrip Symbol: PGEL

Sub: Outcome of the Meeting of Board of Directors held on September 27, 2022

Dear Sir/Madam,

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations, 2015'), we wish to inform your good office that the Board of Directors of the Company in their meeting held on September 27, 2022 has, inter alia, considered and approved the following:

1. Allotment of 1,00,000 Equity Shares of Face Value of Rs. 10/- each, pursuant to conversion of warrants into equivalent number of Equity Shares, which were allotted on March 31, 2021 at the Issue Price of Rs. 150/- each.
   The details of allotment are as follows:

S.No.	Name of Allottees	No. of Equity Shares allotted
		upon conversion of warrants
1.	Nikhil Vishnuprasad Bagla	50,000
2.	Urmila Nikhil Bagla	50,000
	Total	1,00,000

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 21,37,80,660/- (Rupees Twenty-One Crore Thirty-Seven Lakh Eighty Thousand Six Hundred and Sixty) divided into 2,13,78,066 (Two Crore Thirteen Lakh Seventy Eight Thousand and Sixty-Six) Equity Shares of face value Rs. 10/- each. The new equity shares issued rank pari-passu with the existing equity shares.

This is for your information and records.

For PG Electroplast Limited

Digitally signed

Sancha by Sanchay

Dubey

1. DubeyDate: 2022.09.27 12:37:46 +05'30'

(Sanchay Dubey)

Company Secretary