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Birla Precision Technologies Ltd — Regulatory Filings 2024
Dec 4, 2024
61166_rns_2024-12-04_825c740a-2146-45d9-9661-b04d805ce140.pdf
Regulatory Filings
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PM/BSE/34/2024-25 Date: December 04,2024
To, The Manager BSE Limited Bombay Stock Exchange, P. J. Towers, Dalal Street, Mumbai-400001.
Script Code: 522105
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”)
Dear Sir/Madam,
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform you that Birla Precision Technologies Limited (the “Company “) has entered into an agreement on December 04,2024 with “Quicken The Agency” for providing social media marketing services on various social Media platform such as Instagram, Facebook, YouTube and WhatsApp. By executing this agreement, the Company intends to maximize the advertising potential of the social media platforms.
Disclosure under SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 is attached as “ Annexure- A”.
Kindly take the above on your record.
Thanking you,
Yours Faithfully,
For Birla Precision Technologies Limited
ISHU Digitally signed by ISHU JAIN Date: 2024.12.04 JAIN 17:51:44 +05'30'
Ishu Jain Company Secretary & Compliance Officer M. No.: F10679
Birla Precision Technologies Limited
Regd. Office : 23, Birla Mansion No. 2, 1[st] Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel .: +91 022-23867498
E-mail : [email protected] Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN : L29220MH1986PLC041214
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“Annexure- A”
| Name(s) of parties with whom the agreement is entered |
Quicken The Agency. |
|---|---|
| Purpose of entering into the agreement | Marketing on Various Social Media Platform such as Instagram, Facebook and Youtube. |
| Shareholding, if any, in the entity with whom the agreement is executed; |
NIL |
| Significant terms of the agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc. |
No special rights have been created in favour of quicken as per the Agreement. The Agreement is in the ordinary Course of the Business for the purpose of Social Media Marketing on various platform such as Instagram, Faceboook, Youtube and Whatsapp. |
| Whether the said parties are related to promoter/promoter group/ group companies in anymanner. Ifyes, nature of relationship; |
No |
| whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length” |
No |
| In case of issuance of shares to the parties, details of issueprice, class of shares issued |
NA |
| Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc |
NA |
| Other information | This Agreement shall be effective from December 05, 2024 and will end on June 05, 2025. |
Birla Precision Technologies Limited
Regd. Office : 23, Birla Mansion No. 2, 1[st] Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel .: +91 022-23867498
E-mail : [email protected] Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN : L29220MH1986PLC041214