Birla Precision Technologies Ltd — Capital/Financing Update 2025

Mar 21, 2025

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PM/BSE/46/2024-25 Date: March 21,2025

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

Script Code: 522105

- Sub: Revised Outcome of the Board Meeting Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).

Dear Sir/Ma’am

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we had intimated the stock exchange that the Board of Directors of Birla Precision Technologies Limited (“the Company”), at its meeting held on Thursday, March 20, 2025, approved the proposal to acquire 72,569 equity shares of Kores (India) Limited from Yash Society, a charitable trust and part of the Promoter Group of the Company.

In this regard, we wish to bring to your attention a typographical error in the details submitted under Annexure-I. The percentage of shareholding/control acquired was inadvertently mentioned as 0.056% instead of 0.56% (as of the current date). The total number of shares acquired remains unchanged at 72,569 equity shares.

The Board Meeting commenced at 12.00 Noon and concluded at 12.45 p.m.

Kindly take the same on record.

For Birla Precision Technologies Limited

ISHU Digitally signed by ISHU JAIN JAIN Date: 2025.03.21 17:11:51 +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 : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN : L29220MH1986PLC041214

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Annexure- I

Disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Name of the target entity, details in brief such as size, turnover etc.	Kores (India) Limited (“KORES”) Turnover FY 2023-2024 -86,704 Lakhs
‘Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired. If yes, the nature of interest and details thereof and whether the same is done at “arm’s length”	The acquisition would fall within a “related party transaction” between the Company and a constituent of the promoter group i.e. Yash Society, a public charitable trust. Yash Society currently holds 1,58,786 equity shares of Kores (India) Limited. The transaction is on an ‘Arm’s Length Basis’.
Industry to which the entity being acquired belongs;	A highly diversified Business Conglomerate operating across multiple industry verticals.
Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	The investment rationale behind this acquisition can be summarized as follows: The Company has purchased the first tranche of ₹6 crores worth of Kores shares on April 03, 24. During the year, we also undertook several strategic Capex initiatives, including: - Installation of taps - Purchase of CNC and VMC machines at our TH facility - Infrastructure upgrades Considering the focus on the components segment, where there is a strong synergy with Kores' business, The Companybelieve it is

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 : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN : L29220MH1986PLC041214

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	opportune to deepen our investment. Therefore, the Company has decided to purchase an additional₹3 crores worth of Kores shares.
Brief details of any governmental or regulatory approvals required for the acquisition;	NA
Indicative time period for completion of the acquisition;	The acquisition will be Completed within One Month.
Consideration - whether cash consideration or share swap or any other form and details of the same;	Fully in cash
Cost of acquisition and/or the price at which the shares are acquired	INR 3,00,00,000 (approx.)
Percentage of shareholding / control acquired and / or number of shares acquired;	0.56% (As on current date ) Total shares acquired 72,569 equityshares.
Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 2 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	KORES was incorporated on May 26, 1936, having its registered office at 301/302, Ashford Chambers, Lady Jamshedji Road, Mahim (W), Mumbai-400 016. KORES operates in the following divisions: • Manufacture and trading of Office Stationery accessories and allied products. • Manufacturing of iron and steel castings and components • Manufacturing specialty chemicals, bulk drugs and pharmaceutical intermediates • Manufacturing of drilling rigs and after sales service Turnover of previous 3 Financial Years. i) FY 2023-24- INR 86,704 Lakhs ii) FY 2022-23 – INR 82,919.85 lakhs iii) FY 2021-22 – INR 67,252.64 lakhs

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 : info@birlaprecision.com Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN : L29220MH1986PLC041214