Precision Wires India Limited — Important, 17-07-2025: Updates
17-07-2025 | 10:29 am
17-07-2025 | 10:29 am
Precision Wires India is proceeding with a preferential issue of equity shares and convertible warrants at INR 150.44 per share. This price was set based on the volume-weighted average price (VWAP) of the company's shares over recent trading periods. The valuation process involved multiple revisions, now consistently applying March 2025 financial data across all appraisal methods (market, asset-based, and income-based). This rigorous approach aims to ensure fair value determination for investors. Total traded value considered in VWAP calculation was INR 368.04 Cr over 90 days and INR 41.53 Cr over 10 days.
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