Precision Electronics Ltd has announced a significant business development with the receipt of an order worth ₹21.60 crores. This announcement marks a notable milestone for the company, which operates in the telecom equipment and infrastructure services sector.

Order Details

The company has secured this substantial order, though specific details about the nature of the products or services covered under this contract have not been disclosed in the announcement.

Company Profile

Precision Electronics Ltd operates in the telecom equipment and infrastructure services sector. The company is classified as a small-cap entity with a market capitalization of ₹267.31 crores.

Business Impact

This order represents a significant business opportunity for Precision Electronics, demonstrating the company's ability to secure substantial contracts within its operational domain. The announcement reflects the company's ongoing efforts to expand its business footprint in the telecom equipment sector.

Precision Electronics Limited has secured a factory license from Haryana authorities for its manufacturing facility in Faridabad. The company disclosed this development to BSE Limited on December 12, 2025, under Regulation 30 of the SEBI Listing Regulations.

Factory License Details

The regulatory approval comes from the Office of the Chief Inspector of Factories Haryana, Chandigarh. The license covers the company's leasehold manufacturing facility strategically located in the industrial hub of Faridabad.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI Listing Regulations. The company also referenced the Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and mentioned an earlier disclosure dated May 30, 2025.

Manufacturing Operations

With the factory license now in place, Precision Electronics Limited can proceed with manufacturing operations at the Faridabad facility. The four-year validity period of the license provides the company with a stable regulatory framework for its manufacturing activities until December 31, 2029.

The company operates in the telecom equipment and infrastructure services sector, and this manufacturing facility is expected to support its operational requirements in the region. The disclosure was signed by Punit A. Bajaj, Company Secretary and Compliance Officer, confirming the receipt of this important regulatory approval.