HDFC Securities retracts article on PG Electroplast's financial health

PG Electroplast Limited (PGEL) has informed stock exchanges that HDFC Securities Limited (HSL) retracted an article titled "PG Electroplast in Limelight After Red Flags in Financial Health Raise Warnings" from its HDFC Sky platform. The article, originally published on December 5, 2025, was removed on December 8, 2025, following PGEL's formal communication to HDFC Securities regarding inaccuracies.

HSL confirmed that its review identified "unintentional glitches" in the article and offered sincere apologies to PGEL and its stakeholders for any inconvenience caused. PGEL stated that this disclosure was made in the interest of transparency to prevent stakeholders from being misled by inaccurate information.

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The communication was signed by Deepesh Kedia, company secretary and compliance officer of PG Electroplast Limited, on December 9, 2025.