Precision Wires Postal Ballot: 4 Resolutions Passed

Precision Wires India Limited disclosed postal ballot results dated 23rd March 2026, with all four resolutions passed by requisite majority.
Key approvals include re-appointment of Independent Director Mrs. Asha Morley, SVP Shri Arjun Milan Mehta, and revised borrowing powers under Section 180(1)(C).
Creation of mortgage/charge on assets under Section 180(1)(A) also approved; e-voting via NSDL ran from 20th February to 21st March 2026.
Public Institutional investors voted ~74.33% against both borrowing powers and mortgage/charge resolutions, though overall approval exceeded 99.6% due to promoter votes.