Precision Electronics Limited

Meeting Details

The 47th Annual General Meeting was held on September 16, 2026, at 11:00 A.M. through Video Conferencing/Other Audio-Visual Mode. The record date for determining shareholders entitled to vote was September 9, 2026.

Shareholder Participation

Total number of shareholders on record date: 13,488

Shareholders attended through video conferencing:

  • Promoters and Promoter group: 6
  • Public: 61

Total Share Capital

As of cut-off date (September 9, 2026), the total paid-up share capital was ₹13,84,85,120 (Indian Rupees Thirteen Crore Eighty-Four Lakh Eighty-Five Thousand One Hundred and Twenty Only) divided into 1,38,48,512 equity shares of ₹10 each.

Resolutions and Voting Results

Five resolutions were passed in the meeting:

Resolution 1: Adoption of Audited Financial Statements

  • Ordinary resolution
  • Promoters not interested
  • Total votes polled: 83,80,282 shares (60.5140% of outstanding shares)
  • Votes in favor: 83,80,230 shares (99.9994%)
  • Votes against: 52 shares (0.0006%)
  • Result: Passed

Resolution 2: Re-appointment of Mr. Ashok Kumar Kanodia

  • Ordinary resolution
  • Promoters not interested
  • Director DIN: 00002563
  • Total votes polled: 83,80,282 shares (60.5140% of outstanding shares)
  • Votes in favor: 83,80,180 shares (99.9988%)
  • Votes against: 102 shares (0.0012%)
  • Result: Passed

Resolution 3: Material Related Party Transaction with Victora Stock-Invest Private Limited

  • Ordinary resolution
  • Promoters interested (not eligible to vote)
  • Total votes polled: 12,86,373 shares (9.2889% of outstanding shares)
  • Votes in favor: 12,86,271 shares (99.9921%)
  • Votes against: 102 shares (0.0079%)
  • Result: Passed

Resolution 4: Material Related Party Transaction with Victura Technologies Private Limited

  • Ordinary resolution
  • Promoters interested (not eligible to vote)
  • Company formerly known as Victora Auto Private Limited
  • Total votes polled: 12,86,373 shares (9.2889% of outstanding shares)
  • Votes in favor: 12,86,271 shares (99.9921%)
  • Votes against: 102 shares (0.0079%)
  • Result: Passed

Resolution 5: Sale/Disposal of Noida Land and Building

  • Special resolution
  • Promoters interested (not eligible to vote)
  • Property location: Plot No. 10 & 11, Block-D, Sector-3, Noida, Gautam Budh Nagar, Uttar Pradesh - 201301
  • Total votes polled: 47,32,150 shares (34.1708% of outstanding shares)
  • Votes in favor: 47,32,048 shares (99.9978%)
  • Votes against: 102 shares (0.0022%)
  • Invalid votes: 36,48,132 shares (from promoters/promoter group who were not eligible to vote)
  • Result: Passed

Scrutinizer Details

  • Name: Yogesh Saluja
  • Firm: Yogesh Saluja & Associates
  • Qualification: CS
  • Membership Number: F14192
  • Appointment date: August 12, 2026
  • Report issuance date: September 17, 2026

Voting Process

Remote e-voting period commenced on September 12, 2026, at 09:00 A.M. and ended on September 15, 2026, at 5:00 P.M. through NSDL's e-voting platform (www.evoting.nsdl.com). The company provided additional e-voting facility during the AGM for members who had not voted remotely.