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Birla Precision Technologies Ltd — Regulatory Filings 2025
Feb 6, 2025
61166_rns_2025-02-06_1df729da-6a3a-433f-ab3c-bd7e7fdae80c.pdf
Regulatory Filings
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PM/BSE/41/2024-25 February 06,2025
To, General Manager, Listing Department BSE Limited, Floor 25, P.J. Towers, Dalal Street, Mumbai-400001
Sub: Statement of Deviation(s) or variation(s) under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019.
Dear Sir/ Madam,
Pursuant to the provisions of Regulation 32 of the Securities and Exchange Board of India [“SEBI”] (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR / CFD/ CMD1/ 162/2019 dated 24 December, 2019 regarding “Format on Statement of Deviation or Variation for proceeds of public issue, rights issue, preferential issue, Qualified Institutions Placement (QIP) etc.”, a copy of the same duly reviewed by the Audit Committee of the Company, is given in “Annexure A”.
We request you to kindly take the enclosed annexure on records.
Thanking you,
Yours faithfully,
For Birla Precision Technologies Limited
ISHU Digitally signed by ISHU JAIN JAIN Date: 2025.02.06 19:15:03 +05'30' Ishu Jain Company Secretary & Compliance Officer M. No.: F10679
Encl: A/a
Birla Precision Technologies Limited
Regd. Office: 23, Birla Mansion No. 2, 1st 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
Statement of Deviation/ Variation in utilization of Funds raised
| Name of the Listed Entity | Birla Precision Technologies Limited |
|---|---|
| Mode of RaisingFund | Preferential Issue |
| Date of RaisingFund | March 27,2024 |
| Amount Raised | 4,58,56,000 through Preferential Issue of Equity Shares *5,52,00,000 through Issue of Fully Convertible Warrants on Preferential basis. |
| Report Filed forQuarter Ended | December 31,2024 |
| Monitoring Agency Name if, Applicable |
Not Applicable |
| Is there is any deviation/ Variation in use of funds raised |
No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders |
Not Applicable |
| If Yes Date of Shareholder Approval. | Not Applicable |
| Explanation for the Deviation / Variation |
Not Applicable |
| Comments of the Audit Committee after review |
No Comment by audit Committee |
| Comments of the auditors,if any | No Comment bythe Auditors |
Birla Precision Technologies Limited
Regd. Office: 23, Birla Mansion No. 2, 1st 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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Objects for which funds have been raised and where there has been a deviation, in the Following table:
| Original Object |
Modified Object if any |
Original Allocation |
Modified Allocation, if any |
Fund Utilised |
Amount of Deviation/ Variation for the quarter according to the applicable object |
Remarks if any, |
|---|---|---|---|---|---|---|
| 1. Taps and Centre Drill Capex. |
No | 5,86,67,000 | - | 40,66,049 | - | - |
| 2. Upgradation of Existing Plant and Machinery. |
No | 1,72,00,000 | - | 72,00,000 | - | - |
| 3. General Corporate Purpose |
No | 2,51,89,000 | - | 2,47,66,940 | - | - |
*Note:
Kindly note that Consideration received in respect of Issue of Fully Convertible warrants is 25 % of the Total Consideration.
# The amount mentioned in the tab “Original Allocation” includes the total amount raised through preferential issue of equity shares and 25% of the consideration received through issue of Fully convertible warrants
For Birla Precision Technologies Limited
Pankaj Digitally signed by Pankaj Kumar Kumar Date: 2025.02.06 19:15:33 +05'30' Pankaj Kumar Chief Financial Officer
Birla Precision Technologies Limited
Regd. Office: 23, Birla Mansion No. 2, 1st 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