Announced Wed, 16 Sept · 21:50 IST

47th AGM held on Sept 16, 2026; 5 resolutions transacted including Noida property sale

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Precision Electronics held its 47th AGM on Sept 16, 2026 via video conferencing with 67 members present. Five resolutions were transacted: adoption of FY26 audited financials, re-appointment of Ashok Kumar Kanodia as director retiring by rotation, two material related party transactions with Victora Stock-Invest and Victura Technologies, and sale of Noida land and building as a Special Resolution. Statutory Auditor's Report had no adverse qualifications. MD Nikhil Kanodia briefed members on FY26 performance and FY27 strategy. E-voting results awaited.

Likely market impact

Key outcome is approval of Noida property sale and related party transactions. Final voting results pending scrutinizer's report.