Precision Wires India Limited — Board Meeting, 09-08-2025: Outcome of Board Meeting

Precision Wires India's board has approved the financial results for the quarter ended June 30, 2025. The company is set for significant expansion, greenlighting an additional ₹33 Cr investment for its Copper Rod manufacturing capacity. This includes ₹28 Cr for Zaroli and ₹5 Cr for Valvada. Furthermore, a new modernization and expansion project in Silvassa has been approved for 2026, with an estimated cost of ₹37 Cr. This strategic move aims to increase capacity by 4,400 MT/annum by Q4 2026-2027, pushing the total installed capacity to approximately 65,400 MT per year.