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Precision Wires India LimitedDividend/Bonus, 17-05-2025: Dividend

17-05-2025 | 06:42 pm

Precision Wires India has announced a final dividend of Rs. 0.50 per share, offering shareholders a direct return post-AGM approval. The company is boosting winding wire capacity to around 61,000 MT/year and has approved a Rs. 125 Cr term loan to support this expansion. It also plans preferential allotment of equity shares and convertible warrants to raise funds from non-promoter investors, pending shareholder approval. This reflects a strategic push for growth alongside steady shareholder rewards.

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