Miven Machine Tools Ltd — Updates, 09-06-2025: Company Update

Miven Machine Tools Limited has revised its audited financial results for the quarter and financial year ended March 31, 2025, to include the previously omitted declaration on the impact of audit qualifications. The company reported a turnover of Rs. 11.55 lakhs and a net loss of Rs. 72.57 lakhs after adjustments. A key audit qualification relates to the non-provision of interest on a Rs. 2.45 crore inter-corporate loan from a related party, which the company plans to write off due to inability to repay amidst losses. This omission increased total expenditure and losses, with management stating no financial impact on stakeholders.