On Tuesday, promoters of PG Electroplast Ltd executed a significant divestment, offloading a combined 5.3 percent stake worth Rs. 1,132 crore via open market transactions. This move reduced the promoter group’s holding to 44.07 percent from 49.37 percent, reflecting a strategic liquidity event. Concurrently, institutional investors, including the Singapore government and Motilal Oswal Asset Management, increased their stakes, acquiring shares valued at Rs. 408 crore.