Disclosure with regard to the 46th Annual General Meeting of the Company is attached
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Precision Electronics' Board, at its August 6, 2025 meeting, approved the unaudited Q1 FY26 results showing revenue from operations jumping to Rs. 22.26 crore from Rs. 7.19 crore in Q1 FY25, though the company still posted a net loss of Rs. 28.27 lakh (vs Rs. 1.80 crore loss a year ago). The Board approved the re-appointment of Ms. Preeti Grover as Independent Director for a second 5-year term (Sept 2025–Sept 2030), subject to shareholder approval. Mr. Punit Amarpalsingh Bajaj was appointed as the new Company Secretary and Compliance Officer, filling a vacancy caused by the previous KMP's resignation. The company also appointed M/s. Yogesh Saluja & Associates as Secretarial Auditor for five years (FY26–FY30). The 46th AGM is scheduled for September 22, 2025.
Revenue tripled year-on-year in Q1 FY26 and losses narrowed sharply, signalling improving business momentum, while the Rs. 56 crore order book in Aerospace & Defence supports growth visibility. The KMP transition and governance appointments (auditor, independent director re-appointment) are routine and unlikely to move the stock, but the financial turnaround is positive for shareholders.