StockWatch
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Industrial Products
Shareholding9 Oct 2026, 03:35 pm

MIC Electronics: Ebisu Global Fund Acquires 7.93% Stake

AI Summary

Ebisu Global Opportunities Fund Limited has acquired 2,36,16,929 equity shares of MIC Electronics Limited, representing 7.93% of the total share capital. This acquisition was made on a preferential basis through a share swap agreement dated March 30, 2026, with allotment on September 04, 2026. The shares were listed on BSE and NSE effective October 08, 2026, and are under lock-in until April 14, 2027. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Ebisu Global Opportunities Fund acquired 7.93% stake in MIC Electronics.
  • Acquisition was through preferential allotment via share swap.
  • Shares are listed on BSE/NSE and under lock-in until April 14, 2027.
  • Disclosure made under SEBI SAST Regulations, 2011.