Precision Electronics Limited Submits Official Postal Ballot Results to BSE
Precision Electronics Limited has successfully completed and submitted its postal ballot voting results to BSE Limited, with both resolutions receiving strong shareholder approval. The company appointed Mr. Amitbir Singh Banga as Director with 99.997% approval and approved a material related party transaction with Victoria Stock-Invest Private Limited with 99.986% approval from eligible voters.
*this image is generated using AI for illustrative purposes only.
Precision Electronics Limited has officially submitted its postal ballot voting results to BSE Limited on February 09, 2026, confirming the successful completion of the remote e-voting process that concluded on February 08, 2026. The company filed the results under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the scrutinizer's report.
Official Submission and Compliance
Executive Chairman Ashok Kumar Kanodia (DIN: 00002563) signed and submitted the voting results to BSE Limited's Corporate Relationship Department. The submission included comprehensive voting results and the scrutinizer's report dated February 09, 2026, ensuring full regulatory compliance with SEBI LODR Regulations.
| Parameter | Details |
|---|---|
| Scrip Code | 517258 |
| ISIN | INE143C01024 |
| Record Date | January 02, 2026 |
| Total Shareholders | 13,571 |
| Share Capital | INR 13,84,85,120 |
| Equity Shares | 1,38,48,512 |
Resolution 1: Director Appointment Results
The appointment of Mr. Amitbir Singh Banga (DIN: 07163599) as Director received overwhelming shareholder support with 99.997% approval. The resolution attracted significant participation from both promoter and public shareholders.
| Category | Shares Held | Votes Polled | Votes in Favour | Votes Against | Approval % |
|---|---|---|---|---|---|
| Promoter Group | 6,998,117 | 3,648,132 | 3,648,132 | 0 | 100.00% |
| Public Institutions | 11,750 | 0 | 0 | 0 | 0.00% |
| Public Non-Institutions | 6,838,645 | 1,233,449 | 1,233,325 | 124 | 99.99% |
| Total | 13,848,512 | 4,881,581 | 4,881,457 | 124 | 99.997% |
Resolution 2: Related Party Transaction Approval
The material related party transaction with Victoria Stock-Invest Private Limited secured 99.986% approval from eligible voters. The promoter group abstained from voting due to their interest in the agenda, with only public shareholders participating in the voting process.
| Category | Shares Held | Votes Polled | Votes in Favour | Votes Against | Approval % |
|---|---|---|---|---|---|
| Promoter Group | 6,998,117 | 0 | 0 | 0 | 0.00% |
| Public Institutions | 11,750 | 0 | 0 | 0 | 0.00% |
| Public Non-Institutions | 6,838,645 | 1,233,449 | 1,233,275 | 174 | 99.986% |
| Total | 13,848,512 | 1,233,449 | 1,233,275 | 174 | 99.986% |
Scrutinizer's Certification
Yogesh Saluja (ACS No. 21916, C.P. No.: 22676) from Yogesh Saluja & Associates served as the appointed scrutinizer, conducting the voting process in accordance with Sections 108 and 110 of the Companies Act, 2013. The scrutinizer confirmed that 63 e-voters participated in Resolution 1, while 55 e-voters participated in Resolution 2, with no invalid votes recorded for either resolution.
Documentation and Transparency
The company has uploaded the voting results and scrutinizer's report on its website at www.pel-india.in , BSE Limited's website at www.bseindia.com , and NSDL's e-voting platform at www.evoting.nsdl.com . The remote e-voting facility operated from January 10, 2026, at 09:00 A.M. to February 08, 2026, at 5:00 P.M., with postal ballot notices published in Financial Express (English) and Jansatta (Hindi) newspapers on January 10, 2026.
Historical Stock Returns for Precision Electronics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | -2.77% | +2.29% | +29.82% | -34.67% | 0.0% |
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