Precision Electronics Secures Rs. 60 Lakh Order in Defense Sector
Filing Summary
Precision Electronics Ltd has received an order valued at approximately Rs. 60 Lakh from a domestic customer in the Aerospace & Defense sector. The order involves the supply of a Mast with accessories, to be delivered within the current financial year. The identity of the customer remains confidential due to commercial sensitivity. The transaction does not involve any related party transactions or interests from the promoter group.
Precision Electronics Ltd has announced the receipt of an order under Regulation 30 of the SEBI Listing Regulations. The order, valued at approximately Rs. 60 Lakh, is from a domestic customer in the Aerospace & Defense segment. Due to confidentiality clauses, the customer’s identity is not disclosed.
The order requires the company to supply a Mast with accessories according to the customer’s specifications. The delivery is scheduled to be completed within the current financial year. The transaction is confirmed to be domestic in nature.
There are no related party transactions involved in this order, and the promoter or promoter group does not have any interest in the entity awarding the order.
Precision Electronics Ltd focuses on providing electronic solutions primarily in the defense and telecommunication sectors. The company is engaged in the design, development, and manufacturing of electronic systems and components, aiming to cater to the needs of both domestic and international markets.