India: Patni family office, Baring Private Equity to back PG Electroplast

India: Patni family office, Baring Private Equity to back PG Electroplast

India Gate. Photo: Abhidev Vaishnav/unsplash

The board of PG Electroplast Limited (PGEL) at its meeting held on Tuesday approved raising 76.6 crore through compulsorily convertible debentures (CCD) and preferential allotment of equity shares, the company said in a statement.