PG ELECTROPLAST LTD. - Announcement under Regulation 30 (LODR)-Updates on Acquisition

With reference to our disclosure dated February 11, 2024 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that PG Technoplast Private Limited (PGTL) - Wholly Owned Subsidiary of the Company have acquired 100% stake in Next Generation Manufacturers Private Limited (NGM). Consequently, NGM has become a Wholly Owned Subsidiary of PGTL.