Miven Machine Tools Ltd. — Regulatory Filings 2019

Jun 25, 2019

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To The General Manager- Listing BSE Limited 24[th] Floor, P J Towers, Dalal Street, Fort Mumbai-400001

June 25, 2019

Submitted electronically through the BSE listing centre portal

Dear Sir/Madam,

Sub.: Disclosure of Related Party Transactions for the half year ended March 31, 2019 pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listinq Requlations')

ln accordance with Regulation 23(9) of the Listing Regulations, we are enclosing herewith the disclosure of Related Party Transactions on standalone basis for the half year ended March 31,2019.

The said disclosure has also been published on the website of the Company. This is for your information and records

We request you to take on record of the same.

Thanking you,

Yours faithfully

For Miven Machine Tools Limited

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……………………………………… Arpita R. Dhakane Company Secretary

Encl: As above

MIVEN MACHINE TOOLS LIMITED RELATED PARTY TRANSACTIONS PURSUANT TO REGULATION 23(9) OF LODR FOR THE HALF YEAR ENDED MARCH 31, 2019 ACCOUNTING STANDARD IND AS 24

Related Party Disclosures - IND AS 24 A. List of Related Parties
Name of Related Party			Nature of Relationship
Vikram Sirur Alka Sirur Sandeep Sirur Maithili Sirur Neelima Sheetal Amarnath Savur S G Gadagkar			Key Management Personnel (KMP) and their relatives
N A Sirur(Hubli)Private Limited			HoldingCompany
Miven Mayfran Conveyors Private Limited Ruris Tecnal Extraction Systems Private Limited Cotmac Electronics Private Limited, Pune Pratt Automation Private Limited			Enterprises in which KMP and their relatives are able to exercise significant influence
B. DETAILS OF TRANSACTIONS WITH RELATED PARTIES AND CLOSING BALANCES
ame of Related Part	Nature of Relationship	Nature of Transaction		3/31/2019	3/31/2018
(i) Transactions during the year Vikram Sirur KMP S G Gadagkar KMP Vikram Sirur KMP Vikram Sirur KMP Vikram Sirur KMP NA Sirur (Hubli) Pv Holding Co Ruris Tecnal Enterprises in Miven Mayfran which KMP and Miven Mayfran relatives are able Miven Mayfran to exercise Pratt Automation P significant Ltd influence		Short Term Employee Benefits Post Employment Benefits Short Term Employee Benefits Interest on Unsecured Loan Unsecured Loans received Unsecured Loans repaid Interest on Unsecured Loan Interest on Unsecured Loan Interest on Unsecured Loan Purchases Sales Sales		1,200,000 237,720 373,560 767,154 11,466,020 2,840,000 1,123,058 1,573,576 1,799,612 482,915 4,485,180 40,062	1,136,667 225,174 353,760 3,352,821 4,369,559 250,000 1,123,058 1,744,092 1,799,612 762,052 112,669 52,644
Vikram Sirur S G Gadagkar Vikram Sirur Vikram Sirur Vikram Sirur NA Sirur (Hubli) Pv Ruris Tecnal Miven Mayfran Miven Mayfran Miven Mayfran Pratt Automation P Ltd
(ii) Amounts due at the end of the year
Name of Related Party	Relationship	Nature of Transaction		3/31/2019	3/31/2018
Vikram Sirur NA Sirur (Hubli) Ruris Tecnal Extraction Systems Miven Mayfran Conveyors P Ltd Pratt Automation P Ltd Vrinda Mantri	KMP Holding Co Enterprises in which KMP and relatives are able to exercise significant influence Relative of KMP	Unsecured Loan Payable Unsecured Loan Payable Unsecured Loan Payable Interest Payable Unsecured Loan Payable Trade Payables Trade Receivables Security Deposit Payable		25,627,849 9,358,841 17,421,809 8,538,803 22,495,128 15,643,551 17,122	20,910,936 9,358,841 17,219,652 7,122,586 22,495,128 13,540,981 51,794 100,000

Vikram Sirur and KMP and Holding Guarantees Received 31,831,872 46,003,356 N A Sirur (Hubli) Company Private Limited

For Miven Machine Tools Limited

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Arpita Dhakane Company Secretary Place: Hubli Date: 25.06.2019