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Corporate News

21-Aug-2026      15:29

Precision Wires India updates EGM notice, including AADI Financial Advisors and Anchorage Capital

Precision Wires India Limited has released a corrigendum to its Extraordinary General Meeting (EGM) notice, updating details related to a preferential issue of shares. The changes, necessitated by stock exchange requirements and regulatory compliance, primarily involve revisions to the shareholding pattern table, a complete replacement of the proposed allottee details—now including AADI Financial Advisors LLP and Anchorage Capital Scheme III, a Category II AIF—and a revised statement regarding a certificate from a Practicing Company Secretary, which is now available for download on the company’s website. The updated information reflects changes in shareholdings across various categories and identifies Rohit Kothari as the Sponsor and key decision-maker for Anchorage Capital Scheme III. The corrigendum is considered an integral part of the original EGM notice and is available on the company's and stock exchange websites.

News source: Capital Market - Live News

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