In continuation to intimations filed by the Company with BSE on June 4, 2018, June 11, 2018 and June 26, 2018 respectively regarding the Show Cause Notice received from SEBI on June 4, 2018, reply filed by the Company on June 11, 2018 and penalty imposed by SEBI adjudicating office, Miven Machine Tools has informed that pursuant to Regulation 30 (4) read with Part C of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015 (LODR), the company has made payment of penalty of Rs 10,00,000 to SEBI on July 4, 2018. This penalty was imposed by the adjudicating officer vide order No Order/BS/HS/773 dated June 25, 2018 towards slight delay in compliance with Minimum Public Shareholding Norms.
The above information is a part of company’s filings submitted to BSE.