Announced Fri, 12 Sept · 14:40 IST

Outcome of the 40th AGM of the Company along with the proceedings of the meeting

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Miven Machine Tools Ltd held its 40th AGM on September 12, 2025, via video conferencing from 11:00 AM to 11:30 AM, with 44 members attending. Six resolutions were passed, including adoption of the audited financial statements for FY 2024-25 and reappointment of Managing Director Katta Sundeep Reddy, who retires by rotation. The company also appointed M/s. SPP & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). Additionally, shareholders approved adopting a new set of main objects under the Memorandum of Association, deleting the other objects clause, and adopting new Articles of Association aligned with the Companies Act, 2013. E-voting was conducted via CDSL between September 8 and 11, 2025. All directors and key managerial personnel were present at the meeting.

Likely market impact

This is largely a routine AGM disclosure. Shareholders should note the changes to the company's main objects clause and Articles of Association, which may indicate a shift in permitted business activities or governance restructuring, though specific strategic intent is not disclosed here.