Precision Wires Approves ₹150 Crore CCD Issue, Raises Capacity, Names New CFO

Precision Wires reported Q1FY27 revenue of ₹178Cr (+60% YoY) and PAT of ₹4.65Cr (+71%), while proposing ₹150Cr of 12% unsecured CCDs convertible into 37.5 lakh shares, subject to approvals. The Silvassa expansion was increased to 4,620 MTPA, taking planned FY28 capacity to 69,200 MTPA; a ₹200Cr working-capital facility was approved.