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Precision Wires India Ltd logo

Precision Wires India Ltd

NSE: PRECWIRE BSE: 523539

₹312.25

(1.72%)

Sun, 08 Mar 2026, 06:14 pm

Company History

1989

  • The Company was incorporated as a Public Limited Company.
  • The Company obtained the Certificate of Commencement of Business.
  • The Company was promoted by Atlas Wires Limited, Shri Mahendra R Mehta, Shri Deepak M Mehta and Shri Milan M Mehta.
  • The Company set up a plant to manufacture enamelled copper winding wires with an installed capacity of 3200 tonnes per annum.

1992

  • The Company installed and commissioned a stand-by.
  • The Company came out with a Public Issue of Equity Shares at par.

1995

  • The Company embarked upon an expansion project of 1200 MT per annum for additional capacity.

1996

  • 2,000 Cumulative Redeemable Preference Shares were redeemed.

1999

  • The Equity Shares of the Company continued to be listed at the Mumbai Stock Exchange, National Stock Exchange, Ahmedabad Stock Exchange and Delhi Stock Exchange.

2000

  • The Company approved the amalgamation of Atlas Wires India Ltd with the company.

2002

  • Deepak Mehta was reappointed as Whole-time Director of Precision Wires India.
  • Mr Sathe Subhashchandra, Company Secretary, resigned.

2003

  • The Delhi Stock Exchange Association Limited delisted the equity shares of the Company.

2004

  • Precision Wires India Ltd delisted its shares from Ahmedabad Stock Exchange.

2007

  • Precision Wires India Ltd has appointed Mr Roy Jacob as its Company Secretary and Compliance Officer.

2008

  • Precision Wires India Ltd has appointed Shri C Mohandas Pai as the Chief Financial Officer.

2009

  • Precision Wires has recommended a Dividend of Rs. 0.80 per Equity Share.

2010

  • Precision Wires has recommended a Dividend of Rs. 4.40 per equity share.

2011

  • Precision Wires has acquired 14 acres of Industrial Land in Andhra Pradesh for future expansion.
  • Ms. Rajni Lalwani has been appointed as a Company Secretary and Compliance Officer.
  • Shri Pradip Roy has been appointed as an additional director.

2012

  • Precision Wires has recommended a Dividend of Rs. 1.20 per equity share and an Interim Dividend of Rs. 1.80 per equity share.
  • Precision Wires has recommended a Dividend of 12% per equity share.

2021

  • The Company has split its face value from Rs. 5 to Rs. 1.

2022

  • The Company has issued Bonus Shares in the Ratio of 1:2.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800