Precision Wires India Limited — Others, 09-08-2025: Shareholders meeting

Precision Wires India Limited held its 36th Annual General Meeting (AGM) via video conference. Shareholders adopted the Audited Financial Statements for FY25 and approved the final dividend. Key resolutions passed include the re-appointment of Shri Deepak M. Mehta, appointment of the Secretarial Auditor, and ratification of the Cost Auditor's remuneration. Notably, the company also received approval for revising its borrowing powers and creating mortgages/charges on assets, indicating potential financial flexibility for future growth. An error in the Annual Report regarding Smt. Asha Morley's remuneration was clarified, changing it from ₹0.015 Cr to ₹0.0105 Cr. The Chairman highlighted steady growth and expansion at the Silvassa Unit.