PG Electroplast Clears the Air: HDFC Securities Removes Inaccurate Article

Correction Made by HDFC Securities

HDFC Securities has taken down an article about PG Electroplast after the company pointed out inaccuracies in the piece. The article, which was published on the HDFC Sky platform on December 5, 2025, raised concerns about the company's financial health.

What Happened Next

After PG Electroplast reached out to HDFC Securities, the brokerage reviewed the article and found some unintentional glitches. As a result, they decided to remove the article from their platform on December 8, 2025.

HDFC Securities apologized to PGEL and its stakeholders for any inconvenience caused by the article. This move shows the importance of financial accuracy and transparency in the stock market and brokerage industry.

A Statement from PG Electroplast

PG Electroplast stated that there are no undisclosed material developments regarding its financial health, business operations, or expansion plans. The company's audited financial statements and quarterly results, which are publicly available, accurately represent the company's financial position and have been prepared according to applicable accounting standards.

This incident highlights the need for accurate financial reporting and responsible journalism in the financial sector, particularly when it comes to stock market trends and company performance.

Key Takeaways

• HDFC Securities removed an article about PG Electroplast due to inaccuracies.
• The article was published on the HDFC Sky platform and raised concerns about the company's financial health.
• PG Electroplast confirmed that its financial statements and quarterly results are accurate and up-to-date.