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Incorporated in 1962, Precot Ltd manufactures yarn and technical textile products
Precot Limited incorporated Precot Holdings Limited, a new wholly-owned subsidiary in Dubai, UAE. This strategic move aims to expand international business, facilitate global investments, and act as a holding company for future ventures.
Precot is prompting shareholders to claim unpaid dividends and update KYC details. This initiative, part of an IEPFA campaign, aims to prevent the transfer of your dividends and associated shares to the Investor Education and Protection Fund. Secure your investment.
Precot Limited's 63rd Annual General Meeting will be held virtually. The Annual Report for FY2024-25 is accessible on the company's website; web-links have been sent to shareholders without registered emails. The company urges investors holding physical shares to update their KYC details (PAN, bank details, nomination, etc.) and dematerialize their...
Promoter group of Precot Limited completed a gift transfer of 1.40% (1,67,889 shares) between promoters, keeping the overall promoter holding steady at 55.90%. No change in control or shareholding outside the promoter group.
The Board of Directors has decided to close the spinning unit in Hindupur, Andhra Pradesh, due to unsustainable losses over several years and a lack of improvement in the unit’s outlook. The unit contributed ₹131 Crores to the overall revenue of ₹933 Crores in the last financial year. Although this...