Precision Camshafts Limited
Incorporated in 1992, Precision Camshafts Limited is manufacturer and supplier of camshafts in India and globally. It supplies more than 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications.
What Precision files
- Others48
- Investor Meet25
- Board Meeting11
- Updates10
- PPTs8
- Important6
Precision Camshafts achieved 44% renewable energy consumption, boosting decarbonization with a new 29 MW solar plant, and reduced GHG emissions intensity. It implemented Zero Liquid Discharge. The company reported a 29.45% employee turnover and 45% sourcing from MSMEs, with no major fines.
Precision Camshafts' Statutory Auditors, M S K A & Associates, have converted to a Limited Liability Partnership (LLP). They now operate as M S K A & Associates LLP, with the core firm remaining unchanged.
Precision Camshafts commissioned a 14 MWp solar plant, raising its captive capacity to 29 MWp. This move is expected to significantly reduce electricity costs, promote green energy, and lower its carbon footprint.
Aditya Birla Capital initiated e-voting for shareholders to approve the appointments of its new Managing Director & CEO, and Executive Director & CEO (NBFC), along with their remuneration packages. Voting is now open.
Precision Camshafts initiated insolvency for its German subsidiary MFT due to Europe's economic slowdown and liquidity issues. MFT contributed INR 111.45 Cr (12.92% of consolidated turnover FY24-25) but negatively to net-worth, indicating financial stress.