Precision Electronics Ltd — Important, 22-09-2025: Company Update

Precision Electronics shareholders at the Annual General Meeting have approved several key measures. They adopted the audited financial statements for FY25 and confirmed director appointments, including re-appointing Mr. Harbir Singh Banga and Ms. Preeti Grover for a second five-year term, and Mr. Dinesh Kumar Batra as an Independent Director. Crucially, shareholders also approved increased borrowing limits for the company and the ability to sell, lease, dispose of, or create security over company assets. Additionally, limits for material related party transactions with Victura Technologies Private Limited were amended, and a new Secretarial Auditor was appointed. These resolutions provide Precision Electronics with greater operational and financial flexibility for its future endeavors.