Miven Machine Tools Ltd — Updates, 09-04-2025: Company Update
09-04-2025 · 02:29 pm
Miven Machine Tools Limited has intimation regarding the non-applicability of the Annual Secretarial Compliance Report under SEBI regulations for the year ending on March 31, 2025. The company's paid-up share capital, at ₹3.00 crore, and a net worth of ₹4.90 crore, place it under an exemption as per Regulation 15(2) of SEBI (LODR) regulations. Consequently, Miven is not required to submit this compliance report.
This could signal operational efficiency, alleviating compliance burdens while maintaining focus on core business values. For investors, this development presents a neutral impact, with no immediate risks, allowing the company to allocate resources more effectively.
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