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Clarification6 Nov 2026, 03:43 pm

Precision Wires India Ltd: Corrects Board Meeting Outcome Errors

AI Summary

Precision Wires India Ltd has issued an intimation regarding inadvertent clerical errors in the Outcome of their Board Meeting held on November 06, 2026. The corrections pertain to the Assets and Liabilities Statement for the year ended March 31, 2026, specifically for Trade Payables (Rs. 1,08,113.22) and Borrowings (Rs. 13,112.27). Additionally, Point No. 4 of the Outcome has been corrected to reflect an additional secured working capital facility of Rs. 75.00 Crores from Kotak Mahindra Bank Limited. These corrections are to be read in conjunction with the original outcome, with all other contents remaining unchanged.

Key Highlights

  • Company corrects clerical errors in previous board meeting outcome.
  • Adjustments made to Assets and Liabilities Statement figures.
  • Working capital facility from Kotak Mahindra Bank corrected.
  • Additional secured working capital facility of ₹75 Crores approved.