Company’s Founding, Evolution & Milestones From a modest beginning to a nationally recognized powerhouse in electrical infrastructure, our journey is marked by key milestones that highlight our resilience, vision, and growth
1975
Founded as a proprietary firm by Mr. Padmaraj Pillai with a vision to provide dependable electrical contracting services.
1982
Converted into a Private Limited Company, marking a new phase of structured growth.
1988
Secured the first major institutional contract from the Airports Authority of India, establishing credibility in high-value public sector work.
1994
Successfully commissioned the largest telecom substation for MTNL, showcasing capabilities in large-scale distribution infrastructure.
2004
Transitioned into a Public Limited Company, formally becoming Power & Instrumentation (Gujarat) Limited.
2007
Launched Peaton Electricals, taking the existing Panel Manufacturing facilities to next level.
2009
Executed a prestigious ₹20 Cr. project for the Airports Authority of India, reinforcing leadership in airport electrical works.
2014
Awarded a ₹50 Cr. contract by Ajmer Vidyut Vitran Nigam Ltd. (AVVNL), underlining our scale and execution capacity.
2018
Achieved a major milestone with listing on the National Stock Exchange (NSE) in SME exchange, enhancing our corporate visibility and governance credentials.
2021
Surpassed 300+ completed projects, employed 250+ professionals, and crossed a cumulative turnover of ₹2000+ Cr., marking us as one of India’s most enduring electrical contracting firms.
2023
Migrated to main board of NSE & BSE