Precision Electronics Limited Submits Q4FY26 Dematerialization Compliance Certificate to BSE

1 min read     Updated on 09 Apr 2026, 03:35 AM
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Precision Electronics Limited filed its Q4FY26 dematerialization compliance certificate with BSE on April 8, 2026, for the quarter ended March 31, 2026. The filing under SEBI Regulation 74(5) confirms proper processing of physical share certificates for dematerialization, with registrar Skyline Financial Services certifying compliance with mutilation and cancellation procedures within stipulated timelines.

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Precision Electronics Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations 2018. The submission demonstrates the company's adherence to dematerialization compliance protocols.

Regulatory Compliance Filing

The company filed the certificate on April 8, 2026, under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulation 2018. Company Secretary cum Compliance Officer Punit A. Bajaj signed the submission, which was addressed to BSE Limited's Corporate Relationship Department.

Filing Details: Information
Quarter Period: March 31, 2026
Filing Date: April 8, 2026
Regulation: SEBI Regulation 74(5)
Scrip Code: 517258
Signatory: Punit A. Bajaj, Company Secretary

Registrar Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the underlying confirmation certificate dated April 2, 2026. The registrar certified compliance with dematerialization requirements for the quarter ended March 31, 2026.

The confirmation covers two critical aspects:

  • Securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
  • Physical certificates have been mutilated and cancelled after due verification, with the depository's name substituted as registered owner within 15 days

Corporate Information

Precision Electronics Limited operates with its registered office at D-1081, New Friends Colony, New Delhi-110025, and maintains its operational office at D-10, Sector-3, Noida 201301, Uttar Pradesh. The company holds CIN L32104DL1979PLC009590 and maintains various quality certifications including ISO 14001:2015.

Company Details: Information
CIN: L32104DL1979PLC009590
Registered Office: New Delhi-110025
Operational Office: Noida-201301
RTA: Skyline Financial Services Pvt. Ltd.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in the dematerialization process and maintaining investor confidence in share transfer mechanisms.

Historical Stock Returns for Precision Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.67%+7.55%-5.62%-48.62%+12.51%+305.11%

Will Precision Electronics maintain its current registrar arrangement with Skyline Financial Services for future quarters?

How might upcoming SEBI regulatory changes impact Precision Electronics' compliance processes in 2026-27?

What operational challenges could arise for Precision Electronics given its split office structure between Delhi and Noida?

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Precision Electronics Limited Receives GST Order of ₹46.44 Lakh for April 2019-March 2021 Period

1 min read     Updated on 29 Mar 2026, 12:17 AM
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Precision Electronics Limited has received a GST order demanding ₹23.22 lakh in taxes plus equal penalty (totaling ₹46.44 lakh) for alleged violations during April 2019-March 2021. The violations include inadmissible input tax credit, non-payment of IGST on import of services, and GST on electricity charges. The company plans to appeal and expects no material impact on operations.

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Precision Electronics Limited has received a tax order from the Assistant Commissioner of Central Goods and Service Tax, Roorkee Division, Haridwar, demanding a total of ₹46.44 lakh including taxes and penalties for the period April 2019 to March 2021. The company disclosed this development in a regulatory filing under Regulation 30 of SEBI Listing Regulations on March 28, 2026.

Order Details and Timeline

The Order-in-Original was issued under Section 74 of the CGST Act, 2017, and was received by the company on March 27, 2026. The order covers alleged tax violations and contraventions during the specified two-year period from April 2019 to March 2021.

Parameter: Details
Authority: Assistant Commissioner of Central GST, Roorkee Division, Haridwar
Order Type: Order-in-Original under Section 74 of CGST Act, 2017
Period Covered: April 2019 to March 2021
Date Received: March 27, 2026

Breakdown of Alleged Violations

The GST order identifies three main areas of alleged contraventions totaling ₹23.22 lakh in tax demand:

Violation Type: Amount (₹) Details
Input Tax Credit: 7.01 lakh IGST claimed but not admissible under Section 16(1) & 17(5)
Import of Services: 15.49 lakh Non-payment of 18% IGST under Reverse Charge Mechanism
Electricity Charges: 71,192 Non-payment of GST (CGST ₹35,596 + SGST ₹35,596)
Total Tax Demand: 23.22 lakh
Penalty (100%): 23.22 lakh
Total with Penalty: 46.44 lakh Plus applicable interest

Company's Response and Impact Assessment

Precision Electronics Limited has indicated that the order is appealable and the company intends to exercise its right to appeal before the Commissioner of Appeals. The company's management has assessed that this order will not have any material impact on its financial position, operations, or other business activities.

The disclosure was made by Company Secretary and Compliance Officer Punit A. Bajaj in compliance with SEBI regulations requiring listed companies to inform exchanges about significant legal or regulatory developments that could affect their business operations.

Historical Stock Returns for Precision Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.67%+7.55%-5.62%-48.62%+12.51%+305.11%

What are the potential outcomes if Precision Electronics' appeal to the Commissioner of Appeals is unsuccessful?

How might this GST order affect Precision Electronics' compliance costs and internal audit processes going forward?

Could this tax dispute signal broader GST compliance issues across the electronics manufacturing sector?

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1 Year Returns:+12.51%