Miven Machine Tools has received an advance amount of Rs 177.40 lakh on April 13, 2018 of the total consideration of Rs 398 lakh, towards sale of land and upon delivery of possession.
The balance amount of Rs 220.60 lakh is expected to be received at the time of registration of the respective sale agreements.
Miven Machine Tools is one of the leading manufacturers and suppliers of Heavy Duty CNC Lathe Machines for various industries.