Precision Wires India Ltd Issues Corrigendum for EGM Notice

Precision Wires India Ltd has issued a corrigendum to the notice of its Extra-Ordinary General Meeting (EGM) scheduled for September 5, 2026. The corrigendum, issued on August 20, 2026, addresses changes to the EGM Notice dated August 10, 2026, in response to observations from NSE and BSE regarding a proposed Preferential Issue of Compulsory Convertible Debentures (CCDs). Key modifications include the deletion and replacement of the 'Object of the Preferential Issue' section, detailing the utilization of funds for working capital (₹90 Cr) and expansion (₹60 Cr), including capital expenditure and land acquisition. The corrigendum integrates with the original notice and is available on the company's website.