Precision Wires India Limited has informed the Exchange that Board of Directors have approved raising of funds through preferential Allotment

Precision Wires India reported strong FY25 results with total revenue rising about 21.5% to Rs. 4,03,562 lakhs and profit after tax up about 24% to Rs. 9,004 lakhs, taking EPS to Rs. 5.04 (vs Rs. 4.08). Q4 FY25 revenue grew roughly 19% year-on-year to Rs. 1,04,583 lakhs with profit before tax up about 35% to Rs. 3,957 lakhs. The board declared a final dividend of 50% (Rs. 0.50 per share) on equity shares of Rs. 1 face value. It also approved a preferential allotment of 13.83 lakh equity shares and 27.67 lakh convertible warrants at Rs. 151 each (a Rs. 150 premium) to three non-promoter entities — Saraswati Commercials India, Sapientia Holdings LLP, and Trishakti Powerholding — potentially raising up to around Rs. 62.7 crore. Additionally, the board cleared a Rs. 125 crore term loan from HDFC Bank, raised the overall borrowing limit from Rs. 1,500 crore to Rs. 2,500 crore, and increased an expansion project from 6,100 MT/year to 6,800 MT/year at a revised cost of Rs. 67 crore, taking total winding wire capacity to around 61,000 MT/year once all projects are done.