Precision Wires India Limited
Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia.
What Precision files
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- Important35
- Dividend/Bonus14
- Board Meeting12
- Investor Meet6
- Updates3
Precision Wires India Limited has earmarked up to ₹10 Cr from preferential issue proceeds to acquire land. The process involves due diligence and potential non-agricultural conversion if agricultural land is selected, with provisions to divest if required by law.
Precision Wires India confirmed that funds from its recent Preferential Issue, along with their intended use, will fully comply with all applicable norms. This assures proper deployment of capital.
Precision Wires India's Zaroli plant starts commercial operations in FY27. Noteworthy improvements in energy, GHG, and waste intensities underscore efficiency. Company implemented Zero Liquid Discharge, 1020 KW solar power, and a new data privacy policy. No fines or safety incidents reported.