Precision Wires India Declares 35% Dividend, Secures ₹205 Cr Facility

Precision Wires India Ltd announced the outcome of its Board of Directors meeting held on November 6, 2026. The board approved the un-audited financial results for the quarter and half-year ended September 30, 2026. A final dividend of 35% (₹0.35 per share) was declared, payable by December 6, 2026, with a record date of November 13, 2026. Additionally, the company secured a total of ₹205 Crores in secured working capital facilities from HDFC Bank Limited. A Power Purchase Agreement for renewable energy procurement with an investment up to ₹5 Crores was also approved. The company also confirmed no deviation in the utilization of proceeds from its preferential issue.