Birla Precision Technologies Ltd — AGM Information 2023

Sep 21, 2023

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PM/BSE/37/2023-24

Date : 21[st] September, 2023

To, Department of Corporate Services, BSE Limited, Floor 25, P.J. Towers, Dalal Street, Mumbai-400 001

Scrip Code: 522105

Dear Sir/Madam,

Sub: Disclosure of events or information – 36[th] Annual General Meeting held on Thursday, September 21, 2023.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith proceedings of the 36[th] Annual General Meeting held on Thursday, September 21, 2023 at 11:30 a.m. through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”).

Kindly take the above intimation in your record.

Thanking you.

Yours faithfully,

For Birla Precision Technologies Limited

SANTHOS Digitally signed by SANTHOSH KUMAR H KUMAR Date: 2023.09.21 13:46:13 +05'30' Santhosh Kumar Executive Director DIN: 08686131

Birla Precision Technologies Limited

Regd. Office: 23, Birla Mansion No. 2, First Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel.: +91 022-23867498E-mail : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN: L29220MH1986PLC041214

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Proceedings of 36[th] Annual General Meeting of Birla Precision Technologies Limited

The 36[th] Annual General Meeting (“ the Meeting or 36[th] AGM ”) of the Members of Birla Precision Technologies Limited (“ the Company ”) was held on Thursday, September 21, 2023 through Video Conferencing (“VC”) /Other Audio-Visual Means (“OAVM”) pursuant General Circular No. 14/2020 dated April 08, 2020, General Circular No. 17/2020 dated April 13, 2020, Circular No. 20/2020 dated May 05, 2020, Circular No. 02/2021 dated January 13, 2021, Circular No. 19/2021 dated December 8, 2021, Circular No. 21/2021 dated December 14, 2021, and Circular No. 02/2022 dated May 5, 2022, General Circular No. 10/2022 dated December 28, 2022 respectively, issued by the Ministry of Corporate Affairs (“ MCA ”) (“collectively referred to as MCA Circulars ”), Circular No. SEBI/HO/CFD/CMD1/CIR/ P/2020/79 dated May 12, 2020, Circular No. SEBI/HO/CFD/CMD2/CIR /P/2021/11 dated January 15, 2021, Circular SEBI/HO/CFD/CMD2/ CIR/P/2022/62 dated May 13, 2022, and Circular SEBI/HO/ CFD/PoD-2/ P/CIR/2023/4 dated January 05, 2023, issued by the Securities and Exchange Board of India (“ SEBI Circular ”) and in compliance with the provisions of the Companies Act, 2013 (“ Act ”) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations ”). The meeting was scheduled and commenced at 11.30 a.m.

Mr. Vedant Birla, Chairman & Managing Director of the Board of Directors, Chaired the proceedings of the 36[th] AGM of the Company.

Directors and KMP’s in attendance:

Mr. Vedant Birla is the Chairman & Managing Director, Ms. Raji Vishwanathan, Woman Independent Director, Chairperson of Audit Committee, Mr. Sanjay Kothari, Non- Executive Non-Independent Director, Chairperson of the Stakeholders Relationship Committee, Ms. Tulsi Jayakumar, Independent Director, Chairperson of Corporate Social Responsibility Committee, Mr. Paramasivan Angala Srinivasan, Independent Director, Mr. K. Chandrashekhar Sharma, Independent Director, Mr. Santhosh Kumar, Executive Director and Mr. Harish Kumar Pareek, Chief Financial Officer had joined the meeting through VC. Leave of absence was sought by Mr. Vikas Thapa, Independent Director, of the Company due to his pre-occupation.

Other Representatives:

Statutory Auditors of the Company, Mr. Prinkit Jain, Partner of M/s. Valawat & Associates, Chartered Accountant, Mr. Shashank Ghaisas, Partner of M/s. AVS & Associates, Practising Company Secretary, Scrutinizer who also attended the meeting through electronic mode.

Members Present:

73 (Seventy-Three) Members attended the meeting through VC.

Birla Precision Technologies Limited

Regd. Office: 23, Birla Mansion No. 2, First Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel.: +91 022-23867498E-mail : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN: L29220MH1986PLC041214

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Proceedings in Brief:

Due to Vacancy in the Office of the Company Secretary & Compliance Officer of the Company, Mr. Harish Pareek, Chief Financial Officer of the company has been decided by the board to Conduct the Annual General Meeting of the Company.

Mr. Harish Pareek, Chief Financial Officer welcomed all the Directors and Shareholders of the Company to the 36[th] AGM.

The requisite quorum being present, the Chairman called the Meeting to order.

Thereafter, he explained the procedural and technical aspect to the shareholders for attending the meeting. He then introduced the Directors on the Board and other representatives one by one. He informed the members that, the company had made feasible efforts to enable members to participate through video conference and vote at the 36[th] AGM. He also explained the members about procedural and technical aspects in relation to this AGM.

The Chief Financial Officer further informed the MoA, AoA and the Statutory Registers as required under the provisions of the Companies Act, 2013, are made available electronically for inspection by the Members during the AGM. Members seeking to inspect such documents can send their request to cs@birlaprecision.com.

Afterward, the Chief Financial Officer requested the chairman to address the shareholders.

The Chairman and Managing Director then delivered his speech to the shareholders of the Company which included highlights on business performance, financials, outlook, opportunities and future plans, etc.

Mr. Harish Pareek, Chief Financial Officer called out the following items of business as set out in the Notice convening the 36[th] AGM which were transacted through e-voting / remote e- voting:

Ordinary Business:

1. Consideration and Adoption of the Audited Standalone Financial Statements for the year ended March 31, 2031 together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements for the year ended March 31, 2023and the reports of auditors thereon by way of Ordinary Resolution;

2. Re-Appointment of Mr. Sanjay Kothari (DIN: 00258316) as a Director of the Company, who retires by rotation, and being eligible offer himself for re-appointment by way of Ordinary Resolution; and

Birla Precision Technologies Limited

Regd. Office: 23, Birla Mansion No. 2, First Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel.: +91 022-23867498E-mail : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN: L29220MH1986PLC041214

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Special Business:

1. Ratification of remuneration payable to the Cost Auditors by way of Ordinary Resolution.

Mr. Harish Pareek, Chief Financial Officer then requested members to raise their queries on the agenda items as set out in the Notice convening the 36[th] AGM of the Company. Several speaker shareholders spoke/raised queries/made comments on the financial performance and other relevant matters.

Necessary clarifications/responses were provided to the members by the Chairman & Managing Director of the Company.

After that, Mr. Harish Pareek then informed the members about the following:

E-voting on the NSDL platform would continue for another 15 minutes to enable the members to cast their votes who have not casted their votes through remote e-voting;

The Board of Directors at their meeting held on August 29, 2023 appointed Mr. Shashank Ghaisas, Practicing Company Secretary as a Scrutinizer for scrutiny of the votes cast through the remote e-voting platform and electronic voting at the AGM;

E-voting results along with the Scrutinizer's Report would be announced within 2 working days from the conclusion of the meeting and the same would be initiated to the Stock Exchange and also be uploaded on the website of the Company and NSDL.

Mr. Harish Pareek, thereafter, thanked all the members for their participation at the 36[th] AGM. The meeting concluded at 12.42 p.m.

Thanking you Yours Faithfully,

For Birla Precision Technologies Limited

SANTHOS Digitally signed by SANTHOSH KUMAR H KUMAR Date: 2023.09.21 13:46:53 +05'30'

Santhosh Kumar Executive Director DIN:08686131

Birla Precision Technologies Limited

Regd. Office: 23, Birla Mansion No. 2, First Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel.: +91 022-23867498E-mail : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN: L29220MH1986PLC041214