Deals20 Nov 2025, 07:31 pm
Precision Electronics Ltd Secures Rs. 1.95 Crore Order in Aerospace & Defense Segment
AI Summary
Precision Electronics Ltd has been awarded an Order from a private entity in the Aerospace & Defense segment. The Company will deliver the Masts with accessories as per the customer specifications within the current financial year. The order value is about Rs. 1.95 Crore. The Company Secretary and Compliance Officer, Punit A. Bajaj, has confirmed that the order does not fall under related party transactions and is done at 'arm’s length'.
Key Highlights
- Precision Electronics Ltd has secured an Order from a private entity in the Aerospace & Defense segment.
- The order involves the supply of Masts with accessories as per the customer specifications.
- The order value is approximately Rs. 1.95 Crore.
- The order is to be executed within the current financial year.
- The transaction does not fall under related party transactions and is done at 'arm’s length'