Precision Wires India Limited — Important, 29-07-2025: Updates

Precision Wires India has successfully completed a preferential issue, raising capital for future growth. The company allotted 13.83 lakh equity shares at ₹151 each, accumulating ₹20.88 Cr. Concurrently, 27.67 lakh convertible warrants were issued at the same price, with ₹10.44 Cr received upfront. These funds from non-promoter investors will strengthen the company's financial standing and support its strategic business developments.