Precision Wires India: Monitoring Agency Report for Preferential Issue

Precision Wires India Limited has submitted the Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. CARE Ratings Limited, the appointed Monitoring Agency, confirmed that the utilization of proceeds from the Rs. 150 crore preferential issue of Compulsory Convertible Debentures (CCD) is in line with the disclosed objects. As of September 30, 2026, the entire proceeds remain unutilized and are parked in the preferential issue account. There were no deviations from the stated objects of the issue.