Saraswati Commercial India Ltd — Important, 20-10-2025: Company Update

Saraswati Commercial (India) Ltd (SCIL), an NBFC, has boosted its stake in Precision Wires India Limited (PWIL) by converting warrants into 20 lakh equity shares. SCIL paid the final 22.65 Cr, making the total acquisition cost 30.20 Cr, valuing each share at Rs. 151. This move increases SCIL's holding to approximately 1.78% of PWIL, a manufacturer of copper winding wires for electrical/electronics sectors. PWIL reported a turnover of 4,014.83 Cr and a net worth of 576.23 Cr as of March 2025, underlining SCIL's strategic investment in line with its financial investor role.