Precision Wires India Limited has allotted 37,50,000 Compulsory Convertible Debentures (CCDs) at Rs. 400 each on a preferential basis. The allotment aggregates to Rs. 150.00 Crore to two non-promoter entities.
Precision Wires commenced trial production of Copper Cathodes at its Zaroli plant. Commercial output is expected in Q3 FY27 pending final regulatory approvals.
Precision Wires India Limited received in-principle approval from BSE and NSE for its preferential issue of 37.5 lakh Compulsorily Convertible Debentures (CCDs) at Rs. 400 each.
Precision Wires India Limited issued an additional disclosure regarding the proposed land acquisition, for which ₹10 crore is earmarked from the company's proposed preferential issue.
Precision Wires India shareholders approved preferential CCD issuance at an EGM on 5 Sep 2026. The resolution passed with 100% of polled votes in favour.
Precision Wires India Ltd held its EGM, approving the issuance of Compulsorily Convertible Debentures (CCDs) to non-promoters, raising an aggregate amount of ₹150 Crore.
Precision Wires India Price Movement Clarification
Precision Wires India Limited has clarified that the recent spurt in its share trading volume is due to market factors, confirming no undisclosed price-sensitive information exists.
Precision Wires India Limited confirmed that proceeds from its preferential issue of securities will comply with relevant NSE circulars and regulatory frameworks.
Precision Wires India Limited issued a corrigendum for its upcoming EGM regarding a proposed preferential issue of CCDs. The funds will support working capital and capacity expansion.
Precision Wires India Ltd amended its Memorandum and Articles of Association. The changes were approved by members during the 37th Annual General Meeting.
Precision Wires India Limited conducted its 37th Annual General Meeting on August 10, 2026. The company submitted the proceedings and scrutinizer's report for remote e-voting and AGM voting.
Precision Wires India has received reaffirmed credit ratings from CARE Ratings for its long-term and short-term bank facilities, ensuring continued stability for the company.
Precision Wires India Limited has submitted a revised Annual Report for the Financial Year 2025-26, replacing the previously uploaded version on the exchange portal.
Precision Wires India submitted an Errata to its 37th Annual Report for FY 2025-26, correcting minor typographical errors in various notes and disclosures.