Precision Wires India Begins Production at Zaroli Plant; Shares Down 0.20%

Mumbai, October 29: Precision Wires India Limited has commenced commercial production of copper cathodes at its copper refining and recycling facility in Zaroli, Gujarat, the company disclosed in a regulatory filing on Thursday. The development follows the commencement of trial production at the facility in September 2026.

The company said the start of commercial production marks a significant milestone in its expansion plans, with expected long-term benefits in sustainability, circularity and economic activity.

Precision Wires India Starts Commercial Production

In a filing dated October 29, 2026, Precision Wires India informed the BSE and NSE that commercial production had begun at its Zaroli copper refining and recycling facility.

The company had previously announced trial production at the plant on September 17, 2026, while noting that trials of some important equipment were still underway. At that time, commercial production was expected to begin in Q3 FY27, subject to final regulatory approvals, sanctions and permissions.

The latest announcement confirms that the facility has now moved into commercial production.

Focus on Sustainability and Circularity

Precision Wires India said the facility is expected to deliver long-term benefits related to sustainability, circularity and the economy. The company did not disclose production capacity, investment details or revenue expectations in the latest announcement.

Stock Market Snapshot

The Precision Wires India share price was trading 0.20% lower at ₹404.40 on Thursday, October 29, compared with the previous close of ₹405.20. The stock opened at ₹403.30.

The quote reflects the intraday price displayed at 12:10:37 PM IST. The price movement alone does not establish a direct link between the commercial production announcement and the stock’s performance.

About Precision Wires India

Precision Wires India Limited manufactures enamelled copper winding wires and other insulated copper conductors used in electrical and electronics applications. Its product range includes round and rectangular winding wires, continuously transposed conductors and paper-insulated copper conductors.

Conclusion

The commencement of commercial production at the Zaroli facility marks a new operational phase for Precision Wires India’s copper refining and recycling project. The company expects the development to contribute to long-term sustainability, circularity, and economic benefits.

Source:

• https://www.nseindia.com/get-quote/equity/PRECWIRE/Precision-Wires-India-Limited
• https://nsearchives.nseindia.com/corporate/PRECWIRE_29102026114130_Letter.pdf