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flag PIGL increases stake in PECL to 60%, gaining from PECL’s new Siemens manufacturing license.

flag Power & Instrumentation (Gujarat) Limited (PIGL) is increasing its share in Peaton Electricals Company Limited (PECL) from 15% to 60%. flag This move follows PECL securing a license from Siemens to manufacture low-voltage switchboards, which will enhance PIGL's product offerings and market presence. flag The acquisition aims to boost PIGL's manufacturing capabilities and reputation in the electrical sector.

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