Miven Machine Tools Ltd

Change of registered office within city limits

• Board approved shifting registered office from Kondapur to MLA Colony, effective 17 August 2026.
• Lease Deed with landlord Mrs. K. Laxmi Reddy approved; ordinary course, arm's length terms.
• CFO authorized to negotiate, finalize, and execute lease and ancillary documents.
• Directors authorized to file e-form with ROC and notify authorities about the change.
• Registered office address updated on all records, including letterheads, seal, website, and inform banks and tax authorities.
• INC-22 filed to record change; MGT-14 and INC-28 filings not indicated.
• Filing date for INC-22: 03 September 2026.

Miven Machine Tools Limited: Trading Window closed from 1 October 2026 till 48 hours after declaration of unaudited financial results for the quarter ended 30 September 2026

Price movement clarification

• Clarifies no undisclosed material information or impending announcement as of date.
• Price movement deemed market-driven and not due to undisclosed information.
• Reiterates compliance with SEBI LODR Regulation 30 and disclosure obligations.
• No material information withheld; will promptly inform exchanges of any material events.
• Letter signed by Managing Director Katta Sundeep Reddy.

AGM Details

• 41st AGM held on Sep 15, 2026 at 11:00 IST via VC/OAVM.
• Voting cut-off date: Sep 8, 2026.
• Remote e-voting open Sep 12–14, 2026.
• Voting available to attendees during AGM via e-voting.
• CDSL provided the remote e-voting facility.

Voting results

• Combined remote and on-site votes show all resolutions passed unanimously.

AGM details

• Date and mode: 15 September 2026 at 11:00 IST via VC/OAVM

Key resolutions

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Reappointment of Sahil Arora as Director (retires by rotation); eligible for re-appointment.

Voting results

• Both resolutions passed by requisite majority.

Director changes

• Sahil Arora reappointed as Director (DIN: 07143414).

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.