Precision Wires India Ltd

Capital Structure Change

Precision Wires India Capital Structure Change

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.

Value

₹150.0 Cr

Execution

convertible within 18 months

Capital Structure Change

Precision Wires India Capital Structure Change

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.

Value

₹150.0 Cr

Capital Structure Change

Precision Wires India Capital Structure Change

Precision Wires India Limited confirmed that proceeds from its preferential issue of securities will comply with relevant NSE circulars and regulatory frameworks.

Capital Structure Change

Precision Wires India Capital Structure Change

Independent Director Niraj Pankaj Bhukhanwala sold 7,500 equity shares of Precision Wires India Ltd for Rs. 0.32 Crore via open market disposal.

Value

₹0.32 Cr