Birla Precision Technologies Ltd — Declaration of Voting Results & Voting Rights Announcements 2024

Mar 22, 2024

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PM/BSE/55/2023-24 Date : 22[nd] March, 2024

To , The Manager Listing Department BSE Limited Bombay Stock Exchange, P. J. Towers, Dalal Street, Mumbai-400001

Scrip Code: 522105

Subject: Disclosure of Voting Results of the Postal Ballot of Birla Precision Technologies

Limited along with Scrutinizer’s Report

Dear Sir/Madam,

In accordance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the following resolutions has been passed by the members of the Company through Postal Ballot on Wednesday, March 20, 2024 , being the last date for remote e-voting:

1. To consider and approve the issue of upto 7,16,500 Equity Shares on Preferential and Private Placement basis to Promoter Group of the Company and

2. To consider and approve the issue of upto 34,50,000 Fully Convertible Warrants (“Warrants/Convertible Warrants ” ) on a Preferential and Private Placement basis to Promoter Group of the company and Identified Non-Promoter(s)

In this regard, we herein submit the details of the Voting results and the Scrutinizer’s report for the Postal Ballot process conducted by the Company.

You are requested to take the information on record. Thanking you. Yours Faithfully

For and on behalf of Birla Precision Technologies Limited

Digitally signed by ISHU JAIN Date: 2024.03.22 Date: 2024.03.22 10:58:27 +05'30'

ISHU JAIN JAIN Date: 2024.03.22 10:58:27 +05'30' Ishu Jain Company Secretary & Compliance Officer Membership No. : F10679

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Name of the Company: Birla Precision Technologies Limited
Date of the Postal Ballot Notice: Date of Postal Ballot Notice : February 19,
2024;
Resolution is deemed to be passed on
March 20, 2024, being the last date for e-
voting.
Total number of shareholders on record date: 67,127
No. of shareholders present in the meeting NA
either in person or through proxy:
Promoters and Promoters Group: -
Public -
No. of Shareholders attended the meeting NA
through Video Conferencing:
Promoters and Promoter Group: -
Public: -
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ISHU Digitally signed by ISHU JAIN Date: JAIN 2024.03.22 10:59:36 +05'30'

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Resolution No: 1-. Considered and approved the issue of upto 7,16,500 Equity Shares on Preferential and Private Placement basis to Promoter Group of the Company. Resolution required: (Ordinary/Special) : Special

Whether promoter/promoter group are interested in the agenda/resolution? : Yes

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Category Mode of No. of No. of % of Votes No. of votes No of % of % of Votes
Voting Shares held Votes Polled in in - favour votes – Votes in against on
polled Outstandin against favour on votes
g shares votes polled
polled
Promoter E-voting 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
and Physical 3,90,61,322 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Ballot
Group Total 3,90,61,322 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
Public E-voting 0.00 0.00 0.00 0.00 0.00 0.00
Institutions Physical 10,826 0.00 0.00 0.00 0.00 0.00 0.00
Holders
Ballot
Total 10,826 0.00 0.00 0.00 0.00 0.00 0.00
Public - E-voting 2,46,820 0.94 2,44,913 1,907 99.23 0.77
Non Physical 2,61,98,989 0.00 0.00 0.00 0.00 0.00 0.00
Institutions Ballot
Holders Total 2,61,98,989 2,46,820 0.94 2,44,913 1,907 99.23 0.77
Grand Total
6,52,71,137 3,92,86,179 60.19 3,92,84,272 1,907 100.00 0.00
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*No. of votes polled does not include ‘no. of votes invalid’

ISHU Digitally signed by ISHU JAIN JAIN Date: 2024.03.22 10:59:58 +05'30'

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Resolution No: 2- Considered and approved the issue of upto 34,50,000 Fully Convertible Warrants on a Preferential and Private Placement basis to Promoter Group of the Company and Identified Non-Promoter(s). Resolution required: (Ordinary/Special) : Special

Whether promoter/promoter group are interested in the agenda/resolution? : Yes

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Category Mode of No. of No. of Votes % of No. of votes No of % of % of Votes
Voting Shares held polled Votes in - favour votes – Votes in against on
Polled in against favour on votes
Outstandi votes polled
ng shares polled
Promoter E-voting 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
and Physical 3,90,61,322 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Ballot
Group Total 3,90,61,322 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
Public E-voting 0.00 0.00 0.00 0.00 0.00 0.00
Institutio Physical 10,826 0.00 0.00 0.00 0.00 0.00 0.00
ns Ballot
Holders
Total 10,826 0.00 0.00 0.00 0.00 0.00 0.00
Public - E-voting 2,46,820 0.94 2,41,913 4,907 98.01 1.99
Non Physical 2,61,98,989 0.00 0.00 0.00 0.00 0.00 0.00
Institutio Ballot
ns Total 2,46,820 0.94 2,41,913 4,907 98.01 1.99
2,61,98,989
Holders
Grand Total
6,52,71,137 3,92,86,179 60.19 3,92,81,272 4,907 99.99 0.01
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*** No. of votes polled does not include ‘no. of votes invalid’**

ISHU Digitally signed by ISHU JAIN JAIN Date: 2024.03.22 11:00:16 +05'30'

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AVS & ASSOCIATES

Company Secretaries (Peer Reviewed Firm)

Regd. Office: 305, 3rd Floor, Building No. 2, Sector – 1, Millennium Business Park, Mahape, Ghansoli, Navi Mumbai -400710, Maharashtra, India

Email: info@avsassociates.co.in Tel: + 91 22 4801 2494

============================================================================

REPORT OF SCRUTINIZER

[Pursuant to Section 110 of the Companies Act, 2013 and Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014]

To, Mrs. Ishu Jain (Company Secretary & Compliance Officer) Birla Precision Technologies Limited

• A. The Board of Directors of M/s. Birla Precision Technologies Limited (hereinafter referred to as " the Company" ) has appointed Mr. Vijay Yadav (Membership No. FCS11990 ), Partner of M/s. AVS & Associates, Company Secretaries as the Scrutinizer by way of resolution passed by Board of Directors of the Company on Monday, February 19, 2024 for the purpose of Scrutinizing Postal Ballot conducted pursuant to the provisions of Section 110 of the Companies Act, 2013 read with rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 and other applicable provisions, if any, of the Companies Act, 2013 (the “Act”) read with the General Circular No. 14/2020 dated April 08, 2020, the General Circular No. 17/2020 dated April 13, 2020, the General Circular No. 22/2020 dated June 15, 2020, the General Circular No. 33/2020 dated September 28, 2020, General Circular No. 39/2020 dated December 31, 2020 and General Circular No. 10/2021 dated June 23, 2021 and including General Circular No. 20/2021 dated December 08, 2021, General Circular No. 03/2022 dated May 05, 2022, General Circular No. 10/2022, 11/2022 dated December 28, 2022 and General Circular No. 09/ 2023 dated September 25,2023, issued by the Ministry of Corporate Affairs (“ MCA Circulars ”), and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and any other applicable law, rules and regulations, only through the E- voting process in a fair and transparent manner for following Special Resolutions as mentioned in the Notice of Postal Ballot dated February 19, 2024.

• a) Considered and approved the issue of upto 7,16,500 Equity Shares on Preferential and Private Placement basis to Promoter Group of the Company; and

• b) Considered and approved the issue of upto 34,50,000 Fully Convertible Warrants(“Warrants/Convertible Warrants”) on a Preferential and Private Placement basis to Promoter Group of the Company and Identified Non-Promoter(s)

Vijay Digitally signed by Vijay Mahendra Mahendra Yadav Date: 2024.03.21 Yadav 20:49:18 +05'30'

ISHU JAIN

Digitally signed by ISHU JAIN Date: 2024.03.22 10:54:12 +05'30'

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• B. The Compliance with the relevant provisions of the Act and rules made thereunder read with MCA Circulars in relation to e-voting on the proposed resolutions mentioned in the Notice dated February 19, 2024, is the responsibility of the Management. My responsibility as a scrutinizer is to ensure that the voting process in all modes is conducted in a fair and transparent manner and render scrutinizer report based on reports generated from the electronic voting system provided by KFin Technologies Limited (“KFintech”/ “KFin”).

• C. The Company had appointed KFintech to provide an e-voting facility to the shareholders for casting their votes on the proposed resolutions. After the time fixed for the closing of E-voting, voting was closed and votes cast were unblocked;

• D. The members of the Company holding shares as on the “Cut Off” date i.e. Friday, February 09, 2024 were entitled to vote the resolutions forming part of notice;

• E. The Company had availed the e-voting facility provided by KFintech for conducting voting on Postal Ballot by the shareholders of the Company. The Voting period commenced from Tuesday, February 20, 2024 at 9:00 a.m (IST) and ended on Wednesday, March 20, 2024 at 5:00 p.m (IST) and the KFintech e-voting portal was unblocked in the presence of Mr. Nitin Khandelwal and Ms. Disha Kantaria who are not in employment of the Company;

• F. The remote e-voting data was scrutinized for verification of votes cast in favour and against the resolutions.

• G. The results of remote e-voting on Postal Ballot are as under:

Vijay Digitally signed by Vijay Mahendra Mahendra Yadav Date: 2024.03.21 Yadav 20:50:43 +05'30'

ISHU Digitally signed by ISHU JAIN Date: 2024.03.22 JAIN 10:54:37 +05'30'

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SPECIAL BUSINESS:

ITEM NO. 1 – SPECIAL RESOLUTION

Considered and approved the issue of upto 7,16,500 Equity Shares on Preferential and Private Placement basis to Promoter Group of the Company:

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Mode of No. of No. of % of No. of Votes No. of % of Votes % of
Category Voting shares votes Votes - in favour Votes - in favour Votes
held polled Polled against on votes again
on polled st on
outsta votes
nding polle
shares d
(1) (2) (3) = (4) (5) (6)= (7)=[(
[(2)/(1)] [(4)/(2)]100 5)/(2)]
100
100
Promoter E-voting 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
and
3,90,61,322
Promoter Physical 0.00 0.00 0.00 0.00 0.00 0.00
Group Ballot
Total 3,90,61,322 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
Public E-voting 0.00 0.00 0.00 0.00 0.00 0.00
Instituti
10,826
ons Physical 0.00 0.00 0.00 0.00 0.00 0.00
Holders Ballot
Total 0.00 0.00 0.00 0.00 0.00 0.00
10,826
Public - E-voting 2,46,820 0.94 2,44,913 1,907 99.23 0.77
Non
Instituti 2,61,98,989
Physical 0.00 0.00 0.00 0.00 0.00 0.00
ons Ballot
Holders
Total 2,61,98,989 2,46,820 0.94 2,44,913 1,907 99.23 0.77
Grand Total 6,52,71,137 3,92,86,179 60.19 3,92,84,272 1,907 100.00 0.00
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*No. of votes polled does not include ‘no. of votes invalid’

Vijay Digitally signed by Mahendra Vijay Mahendra Yadav Date: 2024.03.21 Yadav 20:51:09 +05'30'

ISHU JAIN

Digitally signed by ISHU JAIN Date: 2024.03.22 10:54:58 +05'30'

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ITEM NO. 2– SPECIAL RESOLUTION

Considered and approved the issue of upto 34,50,000 Fully Convertible Warrants (“Warrants/ Convertible Warrants”) on a Preferential and Private Placement basis to Promoter Group of the Company and Identified Non-Promoter(s):

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Mode of No. of No. of % of No. of Votes No. of % of Votes % of
Category Voting shares votes Votes - in favour Votes - in favour Votes
held polled Polled against on votes again
on polled st on
outsta votes
nding polle
shares d
(1) (2) (3) = (4) (5) (6)= (7)=[(
[(2)/(1)] [(4)/(2)]100 5)/(2)]
100
100
Promoter E-voting 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
and
3,90,61,322
Promoter Physical 0.00 0.00 0.00 0.00 0.00 0.00
Group Ballot
Total 3,90,61,322 3,90,39,359 99.94 3,90,39,359 0.00 100.00 0.00
Public E-voting 0.00 0.00 0.00 0.00 0.00 0.00
Instituti
ons Physical 10,826 0.00 0.00 0.00 0.00 0.00 0.00
Ballot
Holders
Total 10,826 0.00 0.00 0.00 0.00 0.00 0.00
Public - E-voting 2,46,820 0.94 2,41,913 4,907 98.01 1.99
Non
2,61,98,989
Instituti Physical 0.00 0.00 0.00 0.00 0.00 0.00
ons Ballot
Holders Total 2,46,820 0.94 2,41,913 4,907 98.01 1.99
2,61,98,989
Grand Total 6,52,71,137 3,92,86,179 60.19 3,92,81,272 4,907 99.99 0.01
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*No. of votes polled does not include ‘no. of votes invalid’

Vijay Digitally signed by Vijay Mahendra Mahendra Yadav Date: 2024.03.21 Yadav 20:51:26 +05'30'

ISHU JAIN

Digitally signed by ISHU JAIN Date: 2024.03.22 10:55:16 +05'30'

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• H. Register/List of equity shareholders who voted “FOR”, “AGAINST” and those whose votes were declared invalid and all relevant records handed over to Company Secretary of the Company for safe keeping.

Thanking you, Yours faithfully,

For AVS & Associates For Birla Precision Technologies Limited Company Secretaries Digitally signed by Digitally signed by Vijay ISHU JAIN Mahendra Vijay Mahendra Yadav ISHU JAIN Date: 2024.03.22 Date: 2024.03.21 Yadav 20:48:45 +05'30' 10:55:39 +05'30' Vijay Yadav Mrs. Ishu Jain Partner (Company Secretary & Compliance Officer) Mem. No: F11990 COP No: 16806 Peer Review No: 1451/2021 UDIN: F011990E003618065

Place: Navi Mumbai Date: 21-03-2024

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