MKVentures Capital Limited, a company listed on the Bombay Stock Exchange (BSE) with Scrip Code 514238, has officially announced the outcome of its board meeting held on Friday, May 30, 2025, through a regulatory filing in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board meeting, which commenced at 12:50 p.m. and concluded at 01:25 p.m., took up multiple critical matters for discussion and approval. These included the adoption of audited financial results, appointments of key auditors, and announcements related to the reopening of the trading window.

Approval of Audited Financial Results for Q4 and FY25

The Board of Directors considered and approved the Audited Financial Results — both Standalone and Consolidated — for the quarter and financial year ended March 31, 2025. These results were reviewed and validated by the statutory auditors ARSK & Associates, Chartered Accountants.

As per the Independent Auditor’s Report, the audit was carried out in accordance with the Standards on Auditing prescribed under Section 143(10) of the Companies Act, 2013. The auditors confirmed that the financial statements:

• Are in accordance with Indian Accounting Standards (Ind AS),

• Present a true and fair view of the financial performance and position of the company, and

• Meet the requirements of Regulation 33 and 52 of SEBI’s Listing Obligations.

Importantly, the audit opinion issued is “unmodified,” implying that there are no reservations or qualifications in the audit findings. This declaration of unmodified opinion was formally submitted by the Chief Financial Officer (CFO) and enclosed as Annexure B in the regulatory filing.

Appointment of Secretarial Auditor for Five Years

In another major decision, the Board appointed M/s. Shruti Somani, a practicing Company Secretary and a Peer-Reviewed Firm, as the Secretarial Auditor of the company. The tenure of the appointment is for a consecutive five-year term, covering FY 2025-26 to FY 2029-30.

This appointment is, however, subject to shareholder approval at the upcoming 34th Annual General Meeting (AGM). The disclosure, including details required under Regulation 30 of SEBI Listing Regulations, has been provided in Annexure C.

The engagement of a secretarial auditor ensures the company complies with the Companies Act 2013, SEBI Regulations, and other corporate governance norms. A secretarial audit also provides assurance on the compliance status of the company’s non-financial and statutory obligations.

Appointment of Internal Auditor for FY 2025-26

The Board also approved and accepted the Audit Committee’s recommendation for appointing M/s. Mahesh Chandra & Associates, Chartered Accountants, as the Internal Auditor for the financial year 2025-26.

Internal audits are crucial for ensuring effective risk management, internal controls, and regulatory compliance. The firm will be responsible for providing insights and reviews to enhance operational efficiency and governance processes. The relevant disclosure, as per Regulation 30, was shared as Annexure D.

Reopening of Trading Window from June 2, 2025

The company also notified that the Trading Window for dealing in securities of the company shall reopen from June 2, 2025. This is in line with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct for Prohibition of Insider Trading.

The window applies to all Designated Persons, including:

• Identified Employees,

• Directors,

• Key Managerial Personnel (KMPs),

• Promoters, and

• Immediate relatives of such individuals.

The reopening of the trading window signals that no unpublished price-sensitive information is outstanding post the financial results disclosure.

Annexure Summaries Provided in Filing:

Annexure A:

Audited Financial Results for Q4 and FY25 along with the Independent Auditor’s Report by ARSK & Associates.

Annexure B:

Declaration by CFO confirming an Unmodified Audit Opinion for both Standalone and Consolidated financials.

Annexure C:

Details regarding the appointment of M/s. Shruti Somani as Secretarial Auditor for five consecutive financial years.

Annexure D:

Disclosure on the appointment of M/s. Mahesh Chandra & Associates as Internal Auditors for FY 2025-26.

Key Implications for Stakeholders

1. Investors and Analysts:
   The declaration of unmodified results reaffirms confidence in the financial health and governance standards of MKVentures Capital. Stable audit opinions often reflect transparency in operations and compliance readiness.

2. Regulatory Bodies and Exchanges:
   This filing fulfills the company’s regulatory duties under SEBI norms. Appointments of auditors also reflect alignment with good governance practices.

3. Shareholders:
   The upcoming 34th AGM will involve voting on crucial resolutions, especially concerning the five-year appointment of the Secretarial Auditor. The continuity of oversight is likely to enhance internal controls and compliance.

4. Employees and Insiders:
   With the reopening of the trading window on June 2, 2025, designated insiders are once again permitted to trade in company securities, following all guidelines.

Conclusion

The Board Meeting Outcome dated May 30, 2025, of MKVentures Capital Limited underscores the company’s commitment to transparent disclosures, regulatory compliance, and enhanced corporate governance. With the approval of audited financial results and appointment of auditors, the company has met its annual statutory obligations effectively.

The unmodified audit opinion serves as a critical assurance to investors and regulators alike regarding the accuracy and fairness of the company’s financial disclosures. The appointments of independent auditors for both secretarial and internal functions further demonstrate MKVentures’ intention to fortify its compliance architecture and internal processes.

Going forward, all eyes will be on the upcoming 34th AGM, where shareholders will formally ratify key appointments, shaping the internal oversight for the next several years.

MKVentures Capital continues to signal financial discipline and governance maturity as part of its commitment to stakeholders and long-term growth.

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