Precision Wires India Limited — Board Meeting, 22-03-2025: Outcome of Board Meeting
22-03-2025 · 05:46 pm
The board meeting resulted in key resolutions, including the approval of the financial results for the quarter and half-year, which showed a consolidated revenue increase of 15% year-on-year, totaling ₹150 Cr. A dividend of ₹2 per share was declared, and the board authorized a ₹100 Cr fundraising initiative aimed at expanding the company’s operations. Furthermore, plans for a strategic merger with a complementary business were discussed, highlighting the company’s commitment to growth and shareholder value enhancement.
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