Date: 10^th February 2025

To Department of Corporate Services BSE Limited P.J. Towers, Dalal Street Mumbai 400001, Maharashtra

Sub: Outcome of 200^th Board Meeting of the company held today i.e., 10^th February 2025

Scrip Code: 522036

Dear Sir / Madam,

This is to inform you that pursuant to Regulation-30 of SEBI (Listing Obligations and Disclosure Requirements) 2015, the Board of Directors of the Company at its meeting held today, i.e. Monday, 10^th February 2025 held at the Corporate Office of the Company situated at 3^rd Floor, D-No. 2-93/8 & 9, Three Cube Towers, White Fields, Kondapur-500 084, Hyderabad. Telangana, inter alia, discussed and approved the following matters:

Approved the Un-Audited Financial Statements for the third quarter ended on $31^st$ December 2024 and took note of Limited Review Report issued by the Statutory Auditors of the Company.

The meeting started at 15.05 PM (IST) and concluded at 16:00 P.M (IST)

We request you to kindly take note of the same in your records

This is for your information and records.

Kindly acknowledge the receipt.

Thanking you,

For Miven Machine Tools Limited

K Sundeep fleddy Katta Sundeep Reddy Managing Director DIN: 06458901

MIVEN MACHINE TOOLS LIMITED

Regd. Office: Sirur's Compound, Karwar Road, Hubballi-580 024, Karnataka, India. Corp. Office: 3rd Floor, D.No. 2-93/8 & 9, Three Cube Towers, White Fields, Kondapur-500 084 Hyderabad, Telangana, India. Website: www.mivenmachinetools.com Email:[email protected] CIN : L29220KA1985PLC007036 GSTIN: 29AAECM4671J1Z2 Contact No.: 9949320300

	MIVEN MACHINE TOOLS LIMITED REGISTERED OFFICE: Sirurs Compound, Karwar Road, Hubli - 580 024, Karnataka. CIN: L29220KA1985PLC007036
	E-mail: [email protected] / [email protected] Website : www.mivenmachinetool.in UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS PERIOD ENDED DECEMBER 31st, 2024
								(Rs. in lakhs)
SI No.	Particulars	31-12-2024	30-09-2024	QUARTER ENDED 31-12-2023	$\rightarrow$ 30-09-2023	NINE MONTHS PERIOD ENDED 31-12-2024	31-12-2023	YEAR ENDED 31-03-2024
	$1.5 - 10.4 - 10.4$	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
	Income form operations
$\bf{I}$	Revenue from Operations		s	60.01	54.14		121.83	143.67
$\mathbf{I}$	Other Income	3.67	5.12	8.29	0.67	8.79	9.26	13.93
Ш	Total Revenue (I + II)	3.67	5.12	68.30	54.81	8.79	131.09	157.60
IV	Expenses
	a) Cost of materials consumed		÷	46.83	67.16		138.16	138.55
	b) Changes in inventories of finished goods, work-in-progress and stock-in-trade		$\sim$	58.32	8.18		55.62	59.20
	c) Employees benefits expense	7.55	8.08	1.66	2.89	17.13	7.43	11.42
	d) Finance costs		0.01	0.06	2.82		5.69	5.88
	e) Depreciation and amortization expense			0.35	0.35		1.05	1.35
	f) Operating Expense	10.63	12.24	14.67	11.76	37.14	32.86	90.07
	Total expenses (a to f)	18.18	20.33	121.89	93.16	54.27	240.81	306.47
v	Profit / (loss) before exceptional items and tax (III-IV)	(14.51)	(15.21)	(53.59)	(38.35)	(45.48)	(109.72)	(148.87)
VI	Exceptional Items (net of tax expense)							121.00
VII	Profit / (loss) before tax (V+VI)	(14.51)	(15.21)	(53.59)	(38.35)	(45.48)	(109.72)	(27.87)
VIII	Tax Expense
	a. Current Tax		ä,				×,
	b. Deferred tax
IX	Profit / (loss) after tax from continuing operations (VII-VIII)	(14.51)	(15.21)	(53.59)	(38.35)	(45.48)	(109.72)	(27.87)
X	Other comprehensive Income: (OCI)
	I) Items that will not be reclassified to profit or loss
	a) Remeasurements of the defined benefit plans
	b) Taxes on above
	II) Items that may be reclassified to profit or loss	$\sim$
	a) Marck to Market of Investments			$\sim$
	b) Taxes on above Total other comprehensive income	$\sim$	٠	$\sim$ $\overline{\phantom{a}}$	$\sim$	$\sim$	٠ $\omega$
XI	Total Comprehensive Income for the period (IX+X)	(14.51)	(15.21)	(53.59)	(38.35)	(45.48)	(109.72)	(27.87)
XII	Paid-up Equity Share Capital (face alue of Rs.10 each)	300.35	300.35	300.35	300.35	300.35	300.35	300.35
XIII	Other Equity (excluding revaluation reserve Rs.NIL) as at Balance Sheet Date	$\sim$	$\sim$	÷	$\overline{\phantom{a}}$		$\omega$	$\overline{a}$
XIV	Earnings per equity Share: Basic and Diluted EPS (Rs) before and after exceptional items (not annualized)	(0.48)	(0.51)	(1.78)	(1.28)	(1.51)	(3.65)	(0.93)

K. Sundeep Reddy

Statement of Assets and Liabilities (Rs. in lakhs)
Particulars	Figures as at the end of current reporting period ended 31st December, 2024	Figures as at the end of the previous year ended 31st March, $-2024$
ASSETS
(1)Non-current assets
(a) Property, Plant and Equipment
(b) Capital work-in-progress
(c) Investment Property
(d) Goodwill
(e) Other Intangible assets
(f) Intangible assets under evelopment
(g) Biological Assets other than bearer plants
(h) Financial Assets
(i) Investments	0.50	0.50
(ii) Trade receivables
(iii) Loans
(iv) Others (Refund of Tax due from Government)
(i) Deferred tax assets (net)
(j) Other non-current assets		0.56
(2)Current assets
(a) Inventories
(b) Financial Assets
(i) Investments
(ii) Trade receivables (iii) Cash and cash equivalents	6.83	6.85
	0.65	0.02
(iv) Bank balances other than (iii) above (v) Loans	3.68	3.36
(vi) Others (Security Deposits)
(c) Current Tax Assets (Net)
(d) Other current assets	2.89
Total Assets	14.55	11.29
EQUITY AND LIABILITIES
A.Equity
(a) Equity Share capital	300.35	300.35
(b) Other Equity	(836.27)	(790.79)
B.LIABILITIES
(1) Non-current liabilities
(a) Financial Liabilities
(i) Borrowings	224.95	224.95
(ii) Trade payables
(iii) Other financial liabilities (other than those specified in item (b), to be specified)
(b) Provisions
(c) Deferred tax liabilities (Net)
(d) Other non-current liabilities
(2)Current liabilities
(a) Financial Liabilities
(i) Borrowings	54.65	1.97
(ii) Trade payables (a) Total Outstanding dues of Micro and Small Enterprises
(b) Total Outstanding dues other than Micro and Small Enterprises	1.82
(iii) Other financial liabilities (other than those specified in item (c)	129.80	129.86
(b) Other current liabilities	124.44 7.22	124.44
(c) Provisions	7.59	20.51
(d) Current Tax Liabilities (Net)
Total Equity and Lighilities	14.55	11.29

K. Sundeep Redby

ne $T_{Q}$ ew v

Notes:
	The above results have been prepared in accordance with Indian Accounting Standards ("Ind As") notified under Section 133 of the Companies Act, 2013, read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other recognised accounting practices and policies, as applicable.

$\overline{2}$ Figures of the previous periods are re-classifed/rearranged / re-grouped, wherever necessary, to correspond with the current period's classification /disclosure.
$\mathbf{3}$ The above results were reviewed and recommended by the Audit Committee on 10th Febraury, 2025 and subsequently approved by the Board of Directors at their meeting hled on the same date.

The Company has not provided for interest amounting to INR 2.81 Lakhs payable on Inter-Corporate Borrowing from $\overline{4}$ Miven Mayfran Conveyors Pvt Ltd for the Quarter ending 31st December, 2024 as the management is in discussion with the lender for waiver of loan and accumulated interest thereon. The accumulated interest which is under negotiation with the lender amounts to INR 14.05 Lakhs which has not been provided for cumulatively.

Regarding Auditor's observation: 5

Auditor in "Material Uncertainty Related to Going concern" paragraph in the review report has reported concern regarding company's ability to continue as a Going Concern as company has incurred loss of INR 14.51 Lakhs for the quarter ended 31st December, 2024 and the Total outside Liabilities of the Company exceed its assets by Rs. 535.92 Lakhs. Considering the change in management of the company, business plans and support from the new promoters, the company expects to recover from the losses. Accordingly, considering all these facts, the assumption of Going concern is not vitiated even though the net worth is eroded.

6 The Company is enagaed in the business of Metal Cutting, Grinding and Ancillary machines which is single reportable segment in accordance with Ind AS 108 "Operating Segments." All sales and assets are in India. The Company has no single major customers during the reporting periods.

For and on behalf of the Board

Place: Hyderabad Date: 10.02.2025

K. Sundeep addy Sundeep Reddy Katta Managing Director

V. RAO & GOPI CHARTERED ACCOUNTANTS

F.No. :001, # 3-5-595, Ghaionda Paul Apts., 7tn Street, Narayanaguda, Near Telugu Academy, Hyderabad - 500 029, T.S. Ph. :040-23228444 Mobile : 80089 28444,90329 28444 E-mail : [email protected]

RR%

To, THE BOARD OF DIRECTORS, MIVEN MACHINE TOOLS iirUrrEP.

we have reviewed the accompanying statement or unaudited standal0ne Financial Results of MIVEN MACHINE Tools LIMITED (,,the company',), for the Quarter and g months period ended on 31st December, 2024 (,.the statement") being submitted by the company pursuant Regulation to the requirements of ³³of the SEBI (Listing obligations and Discrosure Requirement) Regulations 2015 as amended from time to time (,,the Listing Regulations,,).

This statement, which is the responsibility of the Company,s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting standard s4 ("Ind As 34 "Interim Financial Reporting,,)- prescribed under section 133 of the companies Act 2013 as amended, read with rerevant rules issued there under and other accounting principles generally accepted in India. our responsibility is to express a conclusion on the statement based on our reyiew.

we conducted our review of the statement Review in accordance with the standard on Engagements (sRE) 24lo "Review of Interim Financia-r Information Performed by the Independent Auditor of the Entity',, issued by the Institute of ::::::': Accolntants of rndia. rhis standard requires that we , ^vplan l/rqrr andil.l perform the review to obtain moderate assurance as to whether the financir statements are free of material misstatement. A review is limited primarily ^I ffiR

2nd Floor, Plot No. 4, Near Pulses, Durgam Cheruvu Road, Madhapur, Hyderabad - 500 081. D. No. : 26-10-1,2nd Floor, Darga Road, Nagarampalem, Guntur - 522004,A.P. Tel. :0863-2225921 Gannavaram, Mjayawada - 520 002,A.P., Ph. :93943434U, 9676934343

inquiries of company personnel and analytical data and thus provides ress assurance than an procedures applied to financial audit.

^Areview is substantially less in scope than an audit conducted in accordance with the standards on Auditing and consequently does not enabre us to obtain assurance that we would be aware of all significant matters that might be identified in an audit. we have not performed an audit and accordingly, we do not express an audit opinion.

Basis for eualified Conclusion .

Based on the information provided to us by the management and as stated in Note 4 of unaudited financia-r results, the company has not provided for interest expenditure on unsecured loan from related parties. This information indicates that if interest expenditure was provided for as',at slst December, 2024 the finance cost and other financial liabilities would have increased by INR 2'81 Lakhs for the Quarter ended as on that date and total comprehensive income and other equity for the said periods would have reduced by INR 2.g1 Lakhs.

Qualified Conclusion

Based on our review conducted as above, except for the matter described in the Basis for Qualified conclusion paragraph, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) Regurations, 2ors, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Material uncertainty relating to Going concern

The unaudited financial results of the company indicate that the company is incurring losses and on the reporting period total outside liabilities which amounts to INR 550'47 Lakhs exceeds the total assets which amounts to INR 14'55 Lakhs which results in erosion of complete Net worth of the company. Further, the company has no tangibre plant, property and Equipment and has no inventory as on the reporting date. we draw refereirce to Note s of unaudited financial results of the company regarding company,s plan for continuing its business' As stated therein these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. our opinion is not modified in respect of this matter.

Other Matter

we have not audited or reviewed the comparative financial information appearing in the statement of the corresponding quarter and 9 months period ended on31st December,2023 and year to date financial results for the period 01st April 2023 to 3lstMarch 2024. The comparative financial information appearing in the statement of the corresponding quarter and 9 months period ended on 31st December, 2023 and year to date financial results for the period 0lstApril 2023 to 3l"tMar ch 2024 were audited by the previous auditor.

Enclosures:

Copy of Unaudited Quarterly and year to Date Financial Results.

For V.Rao&Gopi Chartered Accountants

Date: LO.O2.2O2S Place: Hyderabad UDIN: 25O2699OBMISJI 194 ¹

M No: 026990

AI assistant

Miven Machine Tools Ltd. Interim / Quarterly Report 2025

63384_rns_2025-02-10_0f615b17-733a-48a5-b729-1211aa6ef252.pdf

MIVEN MACHINE TOOLS LIMITED