Precision Electronics Ltd — Others, 13-06-2025: AGM/EGM

Precision Electronics Limited has announced a postal ballot through remote e-voting seeking shareholder approval for a material related party transaction involving unsecured borrowings up to Rs. 10 crore per annum from Victora Stock Invest Private Limited for three years starting FY 2025-26. The loan carries 10% annual interest payable quarterly, with repayment flexible within two years. This borrowing is intended to support working capital and capital expenditure for current orders, enabling prompt fund availability and smoother operations. The transaction is at arm’s length and approved by the Audit Committee. Voting will be conducted electronically.