Operations at Precision Wires India have been partially impacted due to flooding and water logging at its Silvassa plants following unprecedented heavy rainfall. The company is currently assessing the extent of damages and expects the situation to normalize gradually over the next few days, barring unforeseen developments.

The disruption follows torrential rains in the region, with approximately 333 mm recorded between July 21 and July 22, 2026. In the 24-hour period from July 22 to July 23, 2026 (8 am to 8 am), Silvassa received approximately 740 mm of rain, leading to a flood-like situation in the Union Territory of D. D. & D.N.H. and South Gujarat.

Impact Assessment and Insurance

The company is in the process of ascertaining the extent of production loss and property damage caused by the disruptions. While the estimated impact on production is yet to be quantified, Precision Wires India stated that it is adequately insured with an Industrial All Risk (IAR) cover.

Safety Measures and Location

The affected plants are located at Amlhi Hanuman (66 KVA) Road, Silvassa- 396 230. The company is taking adequate measures to ensure the safety of equipment, materials, and all personnel at the site. Stakeholders will be updated on any significant developments regarding the situation.

Precision Wires India Limited has fixed Friday, July 31, 2026, as the record date to determine shareholder eligibility for a final dividend of Rs 0.55 per equity share. The dividend, recommended for the financial year ended March 31, 2026, is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Payment of the dividend is scheduled on or before Wednesday, September 9, 2026.

The 37th AGM is scheduled for Monday, August 10, 2026, at 10:30 a.m. (IST) via Video Conferencing. The meeting will be conducted in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Notice convening the AGM and the Annual Report for FY 2025-26 have been sent electronically to members whose email addresses were registered with the company or depository participants as of Friday, July 10, 2026.

Pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI Listing Regulations, the company is providing an e-voting facility. The remote e-voting period commences on Friday, August 7, 2026, at 9:00 a.m. (IST) and ends on Sunday, August 9, 2026, at 5:00 p.m. (IST). Members holding shares as on the cut-off date of Tuesday, August 4, 2026, may cast their vote electronically during this period or at the AGM. Those who have voted via remote e-voting are not entitled to vote again at the meeting.

Dividend distribution will be subject to Tax Deducted at Source (TDS) at applicable rates. Shareholders are required to submit requisite documents for TDS purposes on or before Friday, July 31, 2026, to ensure the application of the appropriate tax rate. Guidance and document submission processes are available on the company's website.

Shareholders are advised to ensure their contact details, including email IDs and addresses, are updated with their Depository Participants or the company's Registrar and Transfer Agent. This update is necessary to facilitate the timely delivery of the Annual Report, AGM Notice, and dividend credit.

Key Dividend and Meeting Details