Birla Precision Technologies informs about outcome of board meeting

Birla Precision Technologies has informed that the Board of Directors of the Company has at its meeting held on 22nd February, 2019, considered & approved the issue of 607,005 Equity Shares at Rs 16.24 each on preferential basis to Zenith Dyeintermediates, promoter company subject to approval of shareholders; and Considered & approved Employee Stock Option Scheme called as Birla Precision Technologies Limited Employee Stock Option Scheme 2019 subject to approval of shareholders. Extraordinary General Meeting of the Company for the said purpose is scheduled to be held on Monday, 25th March, 2019 at 3.00 p.m. at Gopi Birla Memorial School, 68, Walkeshwar Road, Walkeshwar, Malabar Hill, Mumbai 400 006. The Meeting was concluded at 07.40 p.m.

The above information is a part of company’s filings submitted to BSE.