Birla Precision Technologies Ltd — Updates, 23-05-2025: Company Update

Birla Precision Technologies Limited has announced a board meeting to approve the financial results for the quarter and financial year ended March 31, 2025, accompanied by an unqualified auditor’s opinion. The board approved a final dividend of Rs. 0.05 per share (face value Rs. 2 each), subject to shareholder approval. Key auditor re-appointments include Zawar Associates (Income Tax), MDSS & Associates (GST), Jayant B. Galande (Cost Auditor), SAMP & Co. (Internal Auditor), while AVS & Associates and T R Chadha & Co LLP have been appointed as Secretarial and Statutory Auditors respectively for five years, pending shareholder nod. The company plans to voluntarily close its wholly owned subsidiary, Birla Precision GMBH, as operations did not scale as expected; the subsidiary contributed Rs. 155.53 lakh revenue (0.73%) and had a negative net worth of Rs. 189.16 lakh (-1.21%). Amendments to the Insider Trading Code to align with updated practices were also approved.