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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