Saraswati Commercial India Ltd — Updates, 30-07-2025: Company Update

Saraswati Commercial (India) Ltd. has completed its investment in Precision Wires India Ltd. by acquiring 1 million equity shares and 2 million warrants, each priced at Rs. 151. The company paid Rs. 15.10 Cr for the shares and Rs. 7.55 Cr (25% of total value) for the warrants upfront. The remaining 75% for the warrants, totaling Rs. 22.65 Cr, will be paid upon conversion within six months. This total investment of Rs. 45.30 Cr aligns with Saraswati Commercial's role as a financial investor and increases its stake to 1.78% in Precision Wires, a key manufacturer of copper winding wires.