Precision Camshafts Ltd - Precision Camshafts Limited Signs Mou With Solapur Municipal Corporation (SMC) On 3Rd November 2021 To Develop 100% Retrofitted Electric Vehicles For Waste Collection

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, Precision Camshafts Limited (PCL) has entered into a Memorandum of Understanding (MoU) with Solapur Municipal Corporation (SMC) on the 3rd November 2021. <BR> <BR> PCL will provide SMC with three (3) fully homologated Electric Light Commercial Vehicles for SMC on a 'free of cost' returnable basis by the end of calendar year 2022. Based on successful outcome and final validation of trial vehicles, SMC would float E-Tender on G.E.M. as per this pilot vehicle technical specifications for additional vehicles. <BR> <BR> The details are mentioned in Press Release.<BR>