Saraswati Commercial India Ltd — Important, 15-10-2025: Company Update

Saraswati Commercial has completed the balance payment of ₹22.65 Crore for 20 lakh convertible warrants of Precision Wires India. This payment facilitates their conversion into Equity Shares, with Saraswati Commercial investing a total of ₹30.20 Crore at ₹151 per share. Upon conversion, the company will hold approximately 1.78% of Precision Wires India, a manufacturer of electrical winding wires. As an NBFC, this acquisition is part of Saraswati Commercial's ordinary course of business as a financial investor.