Precision Wires India Limited Clarifies Significant Trading Volume Increase

1 min read     Updated on 30 Dec 2025, 10:14 AM
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Reviewed by
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Overview

Precision Wires India Limited has responded to an exchange inquiry regarding significant trading volume increase on December 29, 2025. The company confirmed full compliance with SEBI LODR Regulations 2015, stating all relevant information has been disclosed and no undisclosed price-sensitive information exists. Management attributed the volume spurt to market-related factors rather than internal developments.

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*this image is generated using AI for illustrative purposes only.

Precision Wires India Limited has issued a formal clarification to the stock exchanges regarding a significant increase in trading volume, responding to an exchange inquiry dated December 29, 2025.

Official Response Details

The non-ferrous metals company addressed the exchange's surveillance query through official communication dated December 29, 2025. The response was digitally signed by Company Secretary and Compliance Officer Deepika Pandey at 18:20:51 hours.

Regulatory Compliance Statement

Precision Wires India emphasized its adherence to regulatory requirements in its official clarification:

Compliance Aspect: Status
SEBI LODR Regulations 2015: Fully compliant
Information Disclosure: All relevant intimations provided
Undisclosed Information: None available
Price Sensitive Information: All disclosed as required
Pending Announcements: No impending announcements

The company stated that as per Regulation 30 or any other relevant regulation of the SEBI (LODR) Regulations, 2015, it has provided all relevant intimations and information to the exchange regarding events that have a bearing on the operation and performance of the company.

Market Movement Attribution

The company attributed the recent trading volume behavior to external market factors rather than any internal developments. According to the official clarification, the price movements are "based on market related movement/factors."

Management Assurance

Precision Wires India assured that there is no information or announcement, including any impending announcement, which in the company's opinion may have a bearing on the price behavior in the scrip. The management emphasized that all price sensitive information has been disclosed in accordance with regulatory requirements.

The formal clarification serves to address the exchange surveillance inquiry and maintain transparency regarding the recent unusual trading activity in the company's shares.

Historical Stock Returns for Precision Camshafts

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Precision Camshafts Commissions 14 MWp Captive Solar Plant in Solapur

1 min read     Updated on 19 Dec 2025, 11:09 AM
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Reviewed by
Riya DScanX News Team
Overview

Precision Camshafts has commissioned a new 14 MWp captive solar power plant at its Mangalwedha, Solapur manufacturing facility. This addition expands the company's total solar capacity to 29 MWp, doubling the existing 15 MWp capacity. The plant aims to reduce electricity costs, support sustainable energy production, lower carbon footprint, and enhance energy independence for the company's operations. The commissioning was announced through a regulatory disclosure under SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Precision Camshafts has officially commissioned a new 14 MWp captive solar power plant at its manufacturing facility in Mangalwedha, Solapur. The company announced this development through a regulatory disclosure, marking a significant milestone in its renewable energy expansion strategy.

Solar Capacity Enhancement

The newly commissioned facility represents a substantial expansion of the company's existing renewable energy infrastructure. The commissioning details and capacity enhancement are presented below:

Parameter Details
New Solar Capacity 14 MWp
Plant Type Captive Solar Power Plant
Location Mangalwedha, Solapur
Existing Capacity 15 MWp
Total Aggregate Capacity 29 MWp

This commissioning forms part of the expansion of the company's existing 15 MWp captive solar power facility at the same location, effectively doubling the renewable energy capacity at the Mangalwedha site.

Strategic Benefits and Impact

The captive solar power plant is designed to deliver multiple operational and environmental advantages for Precision Camshafts. The key benefits of this renewable energy initiative include:

  • Cost Optimization: Expected reduction in electricity costs for production activities
  • Green Energy Generation: Support for sustainable energy production and consumption
  • Carbon Footprint Reduction: Contribution to lowering the company's overall environmental impact
  • Energy Security: Enhanced energy independence through captive power generation

The facility will directly support the company's manufacturing operations while aligning with industry trends toward sustainable production practices in the auto ancillaries sector.

Regulatory Compliance and Disclosure

Precision Camshafts announced the commissioning through a formal disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made this information available on its official website, ensuring transparency with stakeholders and regulatory compliance. This systematic approach to disclosure reflects the company's commitment to maintaining proper corporate governance standards while pursuing its sustainability objectives.

The commissioning of this 14 MWp captive solar power plant expands Precision Camshafts' total solar capacity to 29 MWp. This significant increase in renewable energy capacity is expected to help the company reduce its electricity costs and carbon emissions, further solidifying its commitment to sustainable manufacturing practices.

Historical Stock Returns for Precision Camshafts

1 Day5 Days1 Month6 Months1 Year5 Years
-3.05%-10.10%+0.97%-26.38%-56.87%+233.69%
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