Proceedings of the 38th Annual General Meeting of the Company.
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Birla Precision Technologies held its 38th AGM on September 18, 2025, via video conferencing, chaired by Mr. Vedant Birla and concluding at 3:56 p.m. Eight resolutions were put to vote through remote e-voting (which ran from September 15 to September 17, 2025). Ordinary business included adoption of FY25 audited financial statements, approval of a final dividend for FY2024-25, re-appointment of Executive Director Santhosh Kumar (retiring by rotation), and appointment of M/s. T R Chadha & Co LLP as new Statutory Auditors. Special business items included appointing AVS & Associates as Secretarial Auditors, ratifying cost auditor remuneration for FY26, and notably, a special resolution to change Mr. Vedant Birla's designation from Chairman & Managing Director to Chairman and Executive Director along with revised remuneration, plus approval of managerial remuneration for Mr. Santhosh Kumar. Mr. Ravinder Chander Prem, Managing Director, responded to shareholder queries. The scrutinizer's detailed voting results are to be submitted to BSE within the statutory timeline.
Shareholders should note the proposed leadership restructuring — Vedant Birla stepping back from Managing Director to Executive Director role — alongside final dividend approval for FY25, which is a positive cash return signal. The change in statutory auditor to T R Chadha & Co LLP is a routine governance update, while the special resolutions on executive remuneration warrant shareholder attention given the related-party nature.