
Board Meeting12 Aug 2026, 05:35 pm
Precision Electronics Authorizes KMPs for Material Event Disclosures
AI Summary
Precision Electronics Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The board also approved the sale/disposal of the company's Noida land and building, subject to shareholder approval. Furthermore, the company has changed its reportable operating segment from 'Telecom' to 'Defence' effective from the current financial reporting period. Key Managerial Personnel (KMPs) have been authorized to determine and disclose material events as per SEBI regulations. The trading window will be closed until August 15, 2026.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Approved sale of Noida land and building, pending shareholder nod.
- Changed reportable operating segment from Telecom to Defence.
- Authorized KMPs for material event disclosures.
- Trading window closed until August 15, 2026.
Price Impact
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