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

Precision Electronics Limited held its Annual General Meeting, where shareholders adopted the audited financial statements for the financial year ended March 31, 2025. They re-appointed Mr. Harbir Singh Banga as director and confirmed Mr. Dinesh Kumar Batra and Ms. Preeti Grover as Independent Directors for new terms. Key approvals included amending material related party transaction limits with Victura Technologies Private Limited and appointing M/s. Yogesh Saluja & Associates as the Secretarial Auditor. Crucially, shareholders increased the company's borrowing limits and approved the flexibility to sell, lease, or create a charge/security over company assets. These decisions enhance governance, operational flexibility, and future growth potential for the company.