Precision Electronics: Promoter Amartya Kanodia Acquires 281 Equity Shares

2 min read     Updated on 31 Dec 2025, 12:55 PM
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Radhika SScanX News Team
Overview

Precision Electronics Limited received regulatory disclosure from promoter group member Amartya Kanodia regarding acquisition of 281 equity shares through open market purchase, completed on December 29, 2025. The transaction increased Kanodia's total shareholding from 69 to 350 shares, representing 0.00% of the company's total share capital of ₹13,48,51,200 comprising 1,38,48,512 equity shares.

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Precision Electronics Limited has received a regulatory disclosure from promoter group member Amartya Kanodia regarding the acquisition of equity shares. The transaction was completed on December 29, 2025, and disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Amartya Kanodia, who is part of the promoter and promoter group as an immediate relative to a designated person, acquired 281 equity shares of Precision Electronics Limited through open market purchase. The acquisition represents 0.00% of the company's total issued and paid-up equity share capital.

Transaction Parameter: Details
Shares Acquired: 281 equity shares
Percentage of Total Capital: 0.00%
Mode of Acquisition: Open Market
Date of Acquisition: December 29, 2025
Date of Disclosure: December 30, 2025

Post-Acquisition Holdings

Following this transaction, Amartya Kanodia's total shareholding in Precision Electronics Limited has increased to 350 equity shares, representing 0.00% of the company's total share capital. Prior to this acquisition, Kanodia held 69 equity shares in the company.

Shareholding Details: Before Acquisition After Acquisition
Number of Shares: 69 shares 350 shares
Percentage Holding: 0.00% 0.00%

Company Share Capital Structure

Precision Electronics Limited maintains its equity share capital structure with total issued and paid-up capital of ₹13,48,51,200.00, comprising 1,38,48,512 equity shares of ₹10.00 each. The share capital structure remains unchanged following this acquisition.

Capital Structure: Details
Total Equity Share Capital: ₹13,48,51,200.00
Number of Equity Shares: 1,38,48,512 shares
Face Value per Share: ₹10.00

Promoter Group Holdings

The disclosure includes details of the broader promoter and promoter group shareholding as of December 29, 2025. The promoter group includes several members with varying shareholdings, with Nikhil Kanodia holding the largest stake at 24.67% of total share capital with 34,15,901 shares.

Promoter Name: Shares Held Percentage
Nikhil Kanodia: 34,15,901 shares 24.67%
Ashok Kumar Kanodia: 1,02,806 shares 0.74%
Ashok Kanodia (HUF): 80,042 shares 0.58%
Gauri Kanodia: 20,085 shares 0.15%
VM Farms Pvt. Ltd: 15,125 shares 0.11%

Regulatory Compliance

The transaction has been duly disclosed to BSE Limited where Precision Electronics Limited shares are listed under stock code 517258. The disclosure fulfills the regulatory requirements under SEBI regulations for substantial acquisition of shares, ensuring transparency in promoter group transactions and maintaining compliance with stock exchange listing requirements.

Historical Stock Returns for Precision Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%-1.03%+3.18%+16.27%+56.40%+827.88%
Precision Electronics
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Precision Electronics Limited Secures ₹2.16 Crore Defense Order for Machined Parts Supply

1 min read     Updated on 18 Dec 2025, 07:20 PM
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Reviewed by
Jubin VScanX News Team
Overview

Precision Electronics Limited has won a ₹2.16 crore order from a private defense entity for supplying machined parts for defense equipment. The contract, to be executed within the current financial year, was disclosed in a regulatory filing. The company emphasized that the order is not a related party transaction and all dealings are at arm's length.

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Precision Electronics Limited has secured a substantial order worth ₹2.16 crores from a private entity in the defense segment, as disclosed in a regulatory filing. The contract involves the supply of machined parts for defense equipment, marking a significant business development for the company.

Order Details and Specifications

The awarded contract encompasses the supply of machined parts specifically designed for defense equipment applications. The company will deliver these components according to customer specifications, demonstrating its capability in precision manufacturing for the defense sector.

Parameter Details
Order Value ₹2.16 crores
Nature of Order Supply of Machined Parts for Defense Equipment
Awarding Entity Private entity in Defense segment
Entity Type Domestic
Execution Timeline Within current financial year

Commercial Terms and Confidentiality

Due to confidentiality clauses and commercial sensitivity associated with defense contracts, Precision Electronics Limited has not disclosed the name of the awarding entity. This practice is common in defense sector transactions where strategic information requires protection. The contract has been awarded by a domestic entity, indicating the company's participation in India's defense manufacturing ecosystem.

Regulatory Compliance and Transparency

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that:

  • The promoter/promoter group/group companies have no interest in the entity that awarded the order
  • The contract does not fall within related party transactions
  • All dealings are conducted at arm's length

Strategic Significance

This order represents Precision Electronics Limited's continued engagement in the defense manufacturing sector, showcasing its technical capabilities in producing precision-engineered components. The domestic nature of the contract aligns with India's focus on indigenous defense manufacturing and the company's positioning in this strategic sector.

The successful execution of this order within the current financial year will contribute to the company's revenue stream and reinforce its credentials as a reliable supplier in the defense equipment manufacturing space.

Historical Stock Returns for Precision Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%-1.03%+3.18%+16.27%+56.40%+827.88%
Precision Electronics
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