Miven Machine Tools Ltd

Financial snapshot

• Revenue from operations ₹17.10 lakh; total revenue ₹24.69 lakh.
• Net loss after tax ₹43.93 lakh; prior year ₹61.31 lakh.
• Basic EPS ₹-1.46.
• YoY revenue rose to ₹24.69 lakh from ₹11.55 lakh.
• Auditors flag going concern material uncertainty.

Capital and shares

• Authorised capital unchanged; paid-up capital ₹300.35 lakh.
• Equity shares 3,003,500; face value ₹10; total ₹300.35 lakh.
• No buyback, sweat equity, or differential rights.
• Board approved shift of registered office to Hyderabad.
• Corporate Governance exemption for small-cap status.

Audit and governance

• Statutory auditor: M/s V. Rao & Gopi; qualified opinion.
• Inter-company loan interest ₹11.24 lakh not provided; basis for qualification.
• Material uncertainty around going concern; liabilities exceed assets by ₹595.67 lakh.
• Emphasis on gratuity write-back and asset write-off.
• Secretarial audit: two post-year-end non-compliances; rectified.

Business transition and outlook

• Company transitioning from machine tools to automated water-vending sector.
• Focus on IoT integration, R&D, and service delivery.
• Opportunities: safe drinking water demand, smart-city programs, exports.
• Risks: competition, tech obsolescence, supply-chain dependence.

Related party transactions

• MD loan drawn ₹67.30 lakh in 2025-26; end-year balance ₹140.95 lakh.
• Remuneration to CFO and directors disclosed in related-party notes.
• Sitting fees to independent directors disclosed; other related-party charges noted.

AGM and notices

• 41st AGM to be held 15 Sep 2026 via VC/OAVM; remote e-voting 12-14 Sep 2026.
• Cut-off date for e-voting: 8 Sep 2026.
• Notice and annual report available on company and BSE websites.

Results update

• Un-Audited financial results for the quarter ended June 30, 2026.

Key approvals

• Unaudited quarterly financial results for quarter ended 30 June 2026 approved.
• Registered office shifted from Three Cube Towers, White Fields, Hyderabad to MLA Colony, Banjara Hills, Hyderabad 500034.
• Board's Report for financial year ending 31 March 2026 approved.
• CS Surya Prakash Perumalla of SPP & Associates appointed as AGM Scrutinizer.
• Notice of 4P Annual General Meeting to be held on 15 September 2026 approved.

Meeting Details

• Board meeting scheduled for 14 August 2026 at 12:00 Noon at Registered Office, Hyderabad.

Key Agenda Items

• Consider unaudited financial results for quarter ended 30 June 2026.
• Approve Board's Report.
• Approve Notice of AGM for September 2026.

Other Notes

• Trading window closed from 1 July 2026 to 48 hours after unaudited Q1 results.

Certificate status

• Certificate under Reg 74(5) issued for the quarter.

Meeting Details

• Board meeting scheduled for 30 May 2026 at 12:00 Noon.
• Meeting will be held at the registered office in Hyderabad, Telangana.

Key Agenda Items

• Consider and approve audited financial results for the quarter and year ended 31 March 2026.

Other Notes

• Trading window is closed from 1 April 2026 until 48 hours after results declaration.