Precision Electronics Ltd — Updates, 06-08-2025: Company Update

Precision Electronics Limited

PEL/BSE/14/2025-26

August 6, 2025

BSE Limited,

Corporate Relationship Department,

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai-400 001

Scrip Code- 517258

Dear Sir/ Ma’am,

Sub: Qutcome of the Meeting of the Board of Directors held on August 6, 2025

Ref: Disclosure under Regulation 30 and 33 of the Securities and Exchange Board of India

(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR

Regulations”)

In accordance with Regulation 33 and Regulation 30 read with Schedule I1I of the SEBI LODR

Regulations, the Board of Directors of the Company in their meeting held today i.e. Wednesday,

August 6, 2025, inter-alia, has transacted the following items of business:

1. Approved Unaudited Financial Results of the Company for the quarter ended June 30,

2025, along with the limited review reports of Auditors thereon pursuant to regulation 33

of SEBI LODR Regulations.

2. Re-appointment of Ms. Preeti Grover (DIN: 00128513) as Independent Director of the

Company, not being liable to retire by rotation, for a 2nd term of five consecutive years

commencing from September 24 2025 to September 23 2030 (both days inclusive), based on

the recommendation of the Nomination and Remuneration Committee and subject to

approval of the shareholders of the Company at the ensuing Annual General Meeting.

The requisite details, as mandated under SEBI Circular No.

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as

Annexure - A.

3. Appointment of Mr. Punit Amarpalsingh Bajaj (FCS: 13366) as the Company Secretary and

Compliance Officer of the Company w.e.f. August 6, 2025.

The requisite details, as mandated under SEBI Circular No.

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as

Annexure - B

Noida Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India

Tel.: +91-120-2551556 / 1557 / 5176/ 5177

Fax: +91-120-2524337

Registered Office

D-1081, New Friends Colony,

New Delhi-110025

‘Tal:A%@\‘

Email : contacts@pcl-india.in, Website : www pel-india.in

CIN: L32104DL1979PLC009390,UDYAM-UP-28-0002995

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Precision Electronics Limited

4. Appointment of M/s. Yogesh Saluja & Associates, Practicing Company Secretaries (Peer

Review Certificate no. 3301/ 2023), as the Secretarial Auditors of the Company for a period

of five (5) consecutive years commencing from FY 2025-2026 till FY 2029-2030, subject to

approval of the shareholders at the ensuing Annual General Meeting of the Company.

The requisite details, as mandated under SEBI Circular No.

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as

Annexure - C.

The 46 (Forty-Sixth) Annual General Meeting of the Company has been scheduled to be

held on Monday, September 22, 2025, at 03:00 p-m. through Video Conferencing (VC) /

Other Audio Visual Means (OAVM), in accordance with the relevant circulars issued by the

Ministry of Corporate Affairs and Securities and Exchange Board of India.

The Company has received orders from local and global customers in the Aerospace &

Defence segment. Due to confidentiality clauses and commercial sensitivity names cannot

be disclosed. The order book as on 15t August, 2025 stands at Rs.56Cr for execution during

the current financial year 2025-26.

In this regard, please find enclosed a copy of each of the following:

a. the unaudited financial results for the quarter ended on June 30, 2025, reviewed by the

Audit Committee and taken on record by the Board of Directors, pursuant to Regulation 33

of the SEBI (LODR) Regulations;

the Limited Review Reports of M/s. Nemani Garg Agarwal & Co., Chartered Accountants

and the Statutory Auditors of the Company certifying the limited review of the unaudited

financial results of the Company for the quarter ended on June 30, 2025 pursuant to

regulation 33 of the SEBI (LODR) Regulations.

Noida Office Registered Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India

Tel.: +91-120-2551556 / 1557 /5176 / 5177 g,

Fax: +91-120-2524337

w¥ RIAG e~

500 New Delhi-110025

Email : contacts@pel-india.in, Website : www pel-india.in

CIN: L32104DL1979PLC009590,UDYAM-UP-28-0002995

D-1081, New Friends Colony,

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Precision Electronics Limited

The Meeting of the Board of Directors commenced at 2.00 p.m. and concluded at 03:45 p.m.

The above information is also available on the website of the Company: www.pel-india.in

Please display this notice on the website of the Exchange for information of all concerned.

Thanking you,

Yours faithfully,

For Precision Electronics Limited

Ashok Kumar Kanodia

Executive Chairman

DIN: 00002563

Encl: as above

Noida Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India

Tel.: +91-120-2551556 / 1557 / 5176/ 5177

Fax: +91-120-2524337

RIJAG |

Snreertesararerma

Email : contacts@pel-india.in, Website : www.pel-india.in

CIN: L32104DL1979PLC0O09590,UDYAM-UP-28-0002995

Registered Office

D-1081, New Friends Colony, New Delhi-110025

----------------Page (2) Break----------------

Precision Electronics Limited

Annexure A

Disclosure of Information pursuant to Regulation 30 of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 read with Schedule III and SEBI Circular

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024: -

Name

Ms. Preeti Grover

Reason for change

appointment, re-appointment

resignation, removal,-death-or

otherwise;

viz. The Board of Directors have at their meeting held today viz. ‘

Monday, August 6, 2025, basis recommendation of the |

Nomination and Remuneration Committee, approved the

re-appointment of Ms. Preeti Grover (DIN: 00128513) as the |

Independent Director of the Company, not being liable to |

retire by rotation, for a 2nd term of five consecutive years

commencing from September 24, 2025 to September 23, |

2030 (both days inclusive), subject to approval of the |

shareholders of the Company at the ensuing 46 Annual |

| General Meeting of the Company.

Date of re-appui‘ntmenit’/

cessation-{as-applicable) &

term of appointment

| Date of Re-appointment - Sept;mber 24 2025

|

1

Term of Re-appointment - 2nd term of five consecutive

years commencing from September 24, 2025 to September

23, 2030 (both days inclusive)

Brief Profile: Ms. Preeti Grover is a scasoned corporate sector

professional, a practicing Company Secretary, a peer

reviewer of Institute of Company Secretaries of India (ICSI). |

A fellow member of ICSI and regular faculty for various |

student trainings at ICSI and has been invited as speaker on

various other platforms.

She is a registered Social Impact Assessor registered with |

ICSI-ISA at No. 6, and a certified CSR Professional. She has i

qualified a certificate course in BRSR and ESG from The |

ICSI in November 2023.

Noida Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India

Tel.: +91-120-2551556 / 1557/ 5176 / 5177

1 +91-120-2524337

Registered Office

D-1081, New Friends Colony,

Tgy New Delhi-110025

Email : contacts@pel-india.in, Website : www.pel-india.in

CIN: L32104DL1979PLC009590,UDYAM-UP-28-0002995

----------------Page (3) Break----------------

Precision Electronics Lim ited

Hav‘in‘g 28 plus years of experience earlier worked in

private sector as Company Secretary in Havells India

Limited, at Board Secretariat of Oriental Bank of

Commerce, she is now working as a practicing Company

Secretary (Founder-PG & Associates, a peer reviewed firm)

| with specialisation in Company law consultancy, listing |

| compliances, Secretarial Audit for public , Government and

Listed Companies.

Disclosure of relationships

between Directors inter se

Manager and KMPs

Informal’ion—'a—s';zquired S

pursuant to BSE Circular with

ref. no. LIST/COMP/14/2018-

19

|

- 7 - — Ms. Preeti Grover is not related inter-se to any other |

Director of the Company. |

[ Ms. Preeti Grover is not debarred from holdir\;tl?\_e office of |

director by virtue of any SEBI order or any other such |

authority. ‘

Noida Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India Tel.: +91-120-2551556 / 1557/ 5176/ 5177

Fax: +91-120-2524337 Email : cont

CIN: L321

Registered Office

e [RIAG

New Delhi-110025

tacts(@pel-india.in, Website : www.pel-india.in

04DL1979PLC009590,UDYAM-UP-28-0002995

D-1081, New Friends Colony,

----------------Page (4) Break----------------

Precision Electronics Limited

Annexure B

Disclosure of Information pursuant to Regulation 30 of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 read with Schedule III and SEBI Circular

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024: -

Name [ Mr. Punit Amarpalsingh Bajaj

Reason for change viz.

appointment,

resignation,—removal,

death-or-otherwise;

Date of appointment /

cessation (as applicable)

& term of appointment

| August6, 2025

Appointment to fill up vacancy due to resignation of Compat?

Secretary and Compliance Officer

Brief Profile:

Disclosure of

relationships between

Directors inter se

Manager and KMPs

| Not Applicable

|

}

‘H\/Tr Punit A. Bajaj, aged about 32 years, is a Fellow Member of the

| Institute of Company Secretaries of India and a Commerce and |

| Law Graduate. He has comprehensive and extensive experience |

| of more than 7 years in dealing with secretarial and compliance |

‘ management across organizations like Ballarpur Industries |

! Limited and Digjam Limited. Prior to joining Precision Electronics

Limited he has served as a Company Secretary and Complnnce |

Officer of Ballarpur Industries Limited.

Noida Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India

Tel.: +91-120-2551556 / 1557/ 5176 / 5177

Fax: +91-120-2524337 Email : contacts@pel-india.in, Website

Registered Office

D-1081, New Friends Colony,

New Delhi-110025

RIAG) Tov

www pel-india.in

CIN: L32104DL1979PLC009590,UDYAM-UP-28-0002995

----------------Page (5) Break----------------

Precision Electronics Limited

Annexure C

Disclosure of Information pursuant to Regulation 30 of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 read with Schedule III and SEBI Circular

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024: -

Brief profile of M/s. Yogesh Saluja & Associates, Company Secretaries as Secretarial Auditor of

the company:

Name M/s. Yogesh Saluja & Associates

Reason for change viz. | Appointment of M/s. Yogesh Saluja & Associates, Practicing

appointment, Company Secretaries as Secretarial Auditor of the company

death-orotherwise;

Date of appointment / | Date of appointment - August 6, 2025, subject to the appmval?

cessation (as applicable) | members of the company at the ensuing Annual General Meeting. |

& term of appointment

| Term of appointment - Term of 5 (five) consecutive years |

commencing from the FY 2025-26 till the FY 2029-30. \

Brief Profile: M/s. Yogesh Saluja & Associates, a Proprietorship firm of ‘

| Company Secretaries based at New Delhi, is peer reviewed firm |

| bearing Certificate Number 3301/2023. The firm is led by Mr. |

| Yogesh Saluja is a distinguished Company Secretary, a law |

graduate, and a finance professional with over 16 years of |

experience in corporate compliance, governance, and regulatory |

| matters. Having served as a compliance officer in a renowned

| listed company for over 11 years, he transitioned into core

| practice, specializing in Secretarial Audits, NCLT matters, and

| corporate law compliance. His expertise lies in ensuring seamless

| regulatory adherence for large corporate groups while navigating

| complex procedural matters under the Companies Act, 2013. At

| | present he is handing various listed and large

unlisted Companies.

|

| Yogesh Saluja & Associates is an experiential secretarial, legal,

and financial consultancy firm specializing in corporate |

compliance, regulatory advisory, financial structuring, and

Noida Office

D-10, Sector-3, Noida 201301,

Gautam Buddh Nagar, Uttar Pradesh, India

Tel.: +91-120-2551556 / 1557 /5176 / 5177

Fax: +91-120-2524337

Registered Office

D-1081, New Friends Colony,

New Delhi-110025

Email ; contacts@pel-india.in, Website : www.pel-india.in

CIN: L32104DL1979PLC009590,UDYAM-UP-28-0002995

----------------Page (6) Break----------------

Precision Electronics Limited

business governance. 1

|

Disclosure of ‘ Not Applicable

relationships between ’

| |

Directors inter se

Manager and KMPs

|

|

|

|

|

1 |

|

|

i

| i

i

Noida Office o Registered Office

D-10, Sector-3, Noida 201301, 4 { D-1081, New Friends Colony, Gautam Buddh Nagar, Uttar Pradesh, India Wi [RFAS New Delhi-110025

Tel: +91-120-2551556 / 1557/ 5176/ 5177 e LS

J Fat: $91120.2594337 Email : contacts@pel-india.in, Website : www.pel-india.in

H CIN: L32104DL1979PLC009590,UDYAM-UP-28-0002995

----------------Page (7) Break----------------

NEMANI GARG AGARWAL & CO.

CHARTERED ACCOUNTANTS

INDIA 1517, DEVIKA TOWER, 6, NEHRU PLACE, NEW DELHI- 110 019.

Camp Office: Ch. No.5, KamadgiriAptt., Kaushambi, Ghaziabad-201010

Br. Office: B-602, Silver Sands CHS, Piramal Nagar Goregaon (West), Mumbai - 400104

Independent Auditors Limited Review Report on Quarterly Unaudited Standalone Financial Results of

the company for the Quarter ended 30th June, 2025 pursuant to the Regulation 33 of the SEBI (Listing

Obligation and Disclosure Requirements) Regulations, 2015

The Board of Directors,

Precision Electronics Limited

We have reviewed the accompanying statement of unaudited Standalone financial results of M/s

Precision Electronics Limitedfor the Quarterended 30t June2025("the Statement"), being

submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015, as amended.

This statement which is the responsibility of the Company’s Management and has been approved by the

Board of Directors, has been prepared in accordance with the recognition and measurement principles

laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed

under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other

accounting principles generally accepted in India. Our responsibility is to issue a report on these

financial statements based on our review.

We have conducted our review of the Statement in accordance with the Standard on Review

Engagements (SRE) 2410, “Review of Interim Financial Information performed by the Independent

Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires

that we plan and perform the review to obtain moderate assurance as to whether the financial

statements are free of material misstatement. A review is limited primarily to inquiries of company

personnel and analytical procedure applied to financial data and thus provides less assurance than an

audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe

that the accompanying statement of unaudited standalone financial results prepared in accordance with

applicable Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act 2013 read the

relevant rules issued there under and other recognized accounting practices and policies has not

disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be

disclosed, or that it contains any material misstatement.

For M/s. Nemani Garg Agarwal & Co

Chartered Accountants i

FRN 01()192!‘:/4 [

(J.M. Khandelwal)

Partner

M. No. {74267 ¢

UDIN: 257 0)YU) _

Date: 06‘08.20; }_B m™Q X2\ C‘S/E\

Place: Noida

Tel.-0120-4374727 Mob.-9811026144 (SKN), 9223230576 (SNR),

9810842989 (JMK), 9810893480 (DCK)

Email ID: nemani61@gmail.com, ngacodelhi@gmail.com

WebsSite. : sknemani.com

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PRECISION ELECTRONICS LTD.

Regd.Office: D-1081, New Friends Colony,

New Delhi-110 025 Statement of Unaudited Financial

Result for the Quarter ended June 30, 2025

CIN : L32104DL1979PLC009590 Website : www.pel-india.in

Rs. In Lakh

3 months ended | 3 months ended | 3 months ended | Year ended on Particulars

on 30.06.2025 on 31.03.2025 on 30.06.2024 31.03.2025 Un-audited

Audited Un-audited Audited

1. Revenue from Operations 2,226.35 1,806.41 719.47 471041

Il Other Income. 1194 18.98 113 3796

Total Revenua (I+) 2,238.29 1,825.38 720.60 4,748.38

. Expenses

Cost of Material consumed 141064 1,042.43 328.99 2.408.43

Purchase of stock in trade

Changes in inventory of finished goods, work in progress

and stock in trade 159.48 (328.14), (20.83)| (238.14)

Other direct costs 118.23 173.37 124.95 583.37

Employee benefit oxpenses 23572 217.39 21183 827.39

Finance costs 84.30 7112 55.88 258.12

Deprciation and amortization expenses 44,02 3159 14.35 87.59

Other expenses. 224 49 24380 21576 802.80

Total Expenses 2.276.87 1,451.56 930.94 4,729.56

av".:::::l":-:.‘;m before exceptional items and extraordinary items. (@8.58) 37451 (210.34) 18.81

VI. Exceptional Items -

VIL Profit/ ( Loss) before extraordinary items and tax (V-VI) (38.58) 37451 (210.34) 18.81 |

Vill. Extraordinary items. 5 s B

IX. Profit (Loss) before tax (VIl-Vil) (38.58) 374.51 (210.34)| 18.81

X.Tax expense:

Current Tax expenses . - 5 =

Earlior Year Taxes - - 2105 -

Deferred Tax expensesi(income) (10.31) 101.25 (5179) (7.75)

Earlior years deferred Tax expenses - 2120 - 84.20

XI Profit/(Loss) for the period (IX-X) (28.27) 252.06 (179.66) (57.64)

Xil Other Comprehensiv Income/(Loss) (net of taxes) (241) (8.55) - (8.55)

Xill Total Comprehensive Income (XI+XIl) (30.38) 243,51 (179.66) (66.19)

XIV Paid up Equity Share Capital (Face Value Rs.10 per share) 1,384.85 1,384.85 1,384.85 1,384.85

XV Earning per share (EPS) (in Rs.)

- Basic and Diluted before extracrdinary items (0.20) 182 (1.30)

- Basic and Diluted after extraordinary tems. (0.20) 182 (1.30) ‘

Notos :

1. The above Unaudited Financial Result of the Company for the first uarier ended 30th June. 2025 as reviewed by ihe Audit Committes were approved by the Board of Directors at their meeting

held on 6th August, 2025. The Statutory Auditors of the Company have carried out a Limited Review of aforesaid results,

2. Resdult for the quarter ended 30th June, 2025 are in compliance with the Indian Accounting Statndard (Ind-AS) as prescribed under Companies (Indian Accounting Standards) Rules, 2015

3. The figures of the previous periods ’:a/vw{‘"

4. Company operate in single segma/ ar 0 §

For Nemani Garg Agarwal & Co. On behalf of the Board of Directors. Chartored Accountants For Precision Electronics Limited

F]rm[lflm No. 010192N

J.M. Khandelwal Nikhil Kanodia g Partner

Managing Director M. No. 074267 - DIN: 03058495

winne ) 50 FY42(> KM EXZNELE S Place: Noida Place: Nofda

Date: 06.08.2025 Date: 06.08.2025

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