Birla Precision Technologies Ltd — Dividend/Bonus, 23-05-2025: Corp. Action
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 of Rs. 2 each, subject to shareholder approval. Key auditors, including Income Tax, GST, Cost, and Internal Auditors, have been re-appointed for FY 2025-26. New appointments include AVS & Associates as Secretarial Auditors and T R Chadha & Co LLP as Statutory Auditors for five years, pending shareholder approval. The board approved the voluntary strike-off of its wholly owned subsidiary, Birla Precision GMBH, citing operational inefficiencies and strategic focus on core business. Amendments to the Insider Trading Code were also approved.
