Precision Wires India Limited has submitted the Exchange a copy of Srutinizers report of Annual General Meeting held on August 09, 2025 along with a copy of minutes.
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Precision Wires India Limited submitted the voting results and scrutinizer's report for its 36th Annual General Meeting held on August 9, 2025, via video conference. All 7 resolutions were passed with overwhelming shareholder approval, including adoption of FY25 audited financial statements, declaration of a final dividend for FY2024-25, and re-appointment of Director Shri Deepak M. Mehta (DIN: 00003646) via retirement by rotation. Two special resolutions — revision in the company's borrowing powers and creation of mortgage/charge on company assets — were also approved with over 99.5% votes in favour. The meeting was attended by 9 promoter representatives and 79 public shareholders, with 59,024 total shareholders on the August 2, 2025 record date. Scrutinizer Ragini Chokshi of Ragini Chokshi & Co. certified the results, which have also been uploaded to the company's website and NSDL's portal.
Routine regulatory filing with no negative surprises — every resolution, including the dividend, passed with near-unanimous support, signalling strong shareholder confidence. The special resolutions to expand borrowing powers and permit charges on assets suggest the company is seeking greater financial flexibility, potentially for growth, capex, or refinancing, which investors should watch for in upcoming quarterly updates.