Precision Camshafts Ltd reappoints Mr. Yatin S. Shah as Chairman and MD

Mr. Yatin S. Shah (DIN: 00318140), has been re-appointed as Chairman and Managing Director of Precision Camshafts Ltd for the period 1st April 2022 to 31st March 2027, subject to approval of shareholders at the general meeting.

Mr. Yatin S. Shah is B.com and MBA with experience over 35 years in the camshafts industry. He is the founder and Managing Director of Precision Camshafts Limited, holding 39.78% Equity in Company (i.e. 3,77,88,717 Equity Shares)

Owing to hisrootsin manufacturing, Mr. Yatin Shah has successfully built an organization with expertise in engineering, quality, R&D and processes that have today set global benchmarks. With an earnest ability towards building relationships.

As Chairman and Managing Director of Precision Camshafts Ltd., he has been instrumental in the foray of the Company into the international market.

Shares of Precision Camshafts Limited was last trading in BSE at Rs. 142.50 as compared to the previous close of Rs. 144.25. The total number of shares traded during the day was 36280 in over 913 trades.

The stock hit an intraday high of Rs. 148.00 and intraday low of 141.90. The net turnover during the day was Rs. 5216712.00.

Source : Equity Bulls

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PrecisionCamshafts INE484I01029 Reappointment Chairman MD