Birla Precision Technologies Ltd — Updates, 12-06-2025: Company Update

Birla Precision Technologies has announced a board meeting to consider the sale of its foundry land and old machinery scrap. The company has executed a Memorandum of Understanding with Swastik Developers to sell foundry land and built-up structures totaling 24,700 sq. meters for ₹27.31 Cr, along with scrap material for ₹2.75 Cr. These transactions are not related party dealings and are expected to improve asset efficiency and liquidity. Further updates will be shared as the agreements progress. This strategic move can help optimize the company’s balance sheet and support operational focus.