MV Electrosystems Limited​

• Funding long-term working capital requirements of our Company
• Investment in research design and development activities for new power electronic equipment
• General Corporate Purpose

The company is involved in various legal proceedings from time to time, mostly arising in the ordinary course of business. These legal proceedings are primarily in the nature of civil suits, criminal proceedings, regulatory proceedings and tax disputes pending before various authorities. The company has disclosed all outstanding criminal litigation and tax proceedings involving the company, all outstanding civil litigation exceeding 2% of turnover, 2% of net worth, or 5% of the average of absolute value of profit or loss after tax, all outstanding actions by statutory or regulatory authorities, any other outstanding litigations where an adverse outcome would materially and adversely affect the business, operations, prospects, reputation or financial position, and any litigations involving the Directors and Promoters. There is no outstanding criminal proceeding, action taken by regulatory or statutory authorities, claim related to direct and indirect taxes, or other pending litigation as determined to be material involving the company, its directors, or its promoters, except as disclosed in this section. There is no litigation or legal action pending or taken by any Ministry or Department of the Government or a statutory authority against the promoters during the last three years. There are no inquiries, inspections or investigations initiated or conducted under the Companies Act, 2013 involving the company, nor are there any prosecutions filed, fines imposed, or compounding of offences involving the company except as disclosed below. There are no defaults in payment of statutory dues, debentures, deposits, or loans by the company. There are no material frauds committed against the company in the last three years. There are no defaults in annual filing of the company under the Companies Act. There are no significant and material orders passed by the regulators, courts and tribunals impacting the going concern status of the company. There are no reservations, qualifications or adverse remarks of auditors in the last five Fiscal Years. Pre-litigation notices received from third parties (excluding statutory/regulatory/governmental authorities or notices threatening criminal action) shall not be considered as litigation proceedings until the company, its directors, or its promoters are impleaded as parties in any such proceedings.

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

• MV Electrosystems Limited - RHP24 Jul 2026