Precision Electronics Limited has announced securing a government contract worth ₹2.73 crores in the aerospace and defense segment. The company disclosed this development through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Specifications

The contract involves the supply of masts and tripods along with accessories, manufactured according to the customer's specific requirements. The order has been placed by a government entity operating in the aerospace and defense sector, though the client's identity remains confidential due to contractual clauses and commercial sensitivity considerations.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations as mandated by SEBI regulations, providing comprehensive details about the contract terms and conditions. The filing confirms that this is a domestic contract with no related party transactions involved.

Key regulatory aspects of the disclosure include:

• No promoter or group company interest in the awarding entity
• Contract does not fall under related party transactions
• Full compliance with SEBI Master Circular requirements dated November 11, 2024

Business Impact and Timeline

The contract represents a significant addition to Precision Electronics Limited's order book in the defense sector. The company is committed to delivering the specified products within the current financial year, demonstrating its capability to meet government sector requirements and timelines.

The aerospace and defense segment continues to present growth opportunities for specialized electronics manufacturers, with government entities increasingly sourcing critical components from domestic suppliers. This contract reinforces the company's position in serving the defense sector's specialized equipment requirements.

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.

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.

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.

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.

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.