| Updated on February 24, 2016 Published on February 24, 2016

Precision Electronics Ltd has informed BSE that the Honble Delhi High Court vide order dated February 12, 2016 (copy enclosed as Annexure A) in the civil suit no. "CS (Comm) 104/2016" in the matter of Sh. Pradeep Kanodia & Ors versus Ashok Kanodia & Ors has imposed restrictions on the transfer of shares of the Company by the Defendants. The list of defendants is enclosed herewith as an Annexure B.

In addition to the above, the Company also informed that this intimation could not be made within 24 hours of the occurrence of the event as the plaintiff as described in the order has taken the order ex-parte and the Company was unaware about any such filing of case in the Honble High Court. The Company got the intimation at a later date. The same is now being taken up by the Company.

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Source : BSE - >www.bseindia.com

Published on February 24, 2016
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