Precision Wires India Limited has submitted a regulatory intimation regarding an upcoming Board Meeting.
The Board of Directors meeting is scheduled to be held on 10th August, 2026. During this meeting, the Board will consider and discuss the agenda item for raising funds.
The company is considering multiple methods for fundraising, specifically:
- Qualified Institutions Placement (QIP)
- Preferential Allotment
- Any other permissible mode
The fundraising will be conducted in accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws. The proposal is subject to necessary approvals as may be required.
The company will communicate the outcome of the meeting to the stock exchanges after the conclusion of the Board Meeting, in compliance with applicable regulations.
The document is signed by Milan M. Mehta, Chairman and Managing Director (DIN: 00003624).