Birla Precision Technologies Ltd — Board Meeting, 23-05-2025: Board Meeting

Birla Precision Technologies Limited has announced a board meeting to approve the financial results for the quarter and financial year ended March 31, 2025. The board has proposed a final dividend of Rs. 0.05 per equity share (face value Rs. 2). The company re-appointed key audit firms for income tax, GST, cost, and internal audits for FY 2025-26. It also appointed M/S. AVS & Associates as Secretarial Auditors and T R Chadha & Co LLP as Statutory Auditors for five years, subject to shareholder approval. The board approved voluntary strike off of its wholly owned subsidiary, Birla Precision GMBH, due to underperformance, aiming to enhance operational efficiency and focus on core markets. Amendments were made to the insider trading code, effective immediately.