MIC Electronics Board Approves 38th AGM, Subsidiary Plan, Director Resignation

MIC Electronics Ltd held a Board of Directors meeting on July 31, 2026, approving the Board's Report and the Notice for the 38th Annual General Meeting (AGM) scheduled for September 16, 2026. The company also announced the closure of its Register of Members and Share Transfer Books from September 11 to September 16, with September 10 fixed as the Record Date. Mr. Ravinder Reddy Surakanti resigned as an Independent Director. The Board approved the incorporation of a wholly-owned subsidiary with an initial investment of up to ₹10,00,000 and re-constituted various committees. Mr. Y. Ravi Prasada Reddy was appointed as the Scrutinizer for the AGM's e-voting process.