Acquisitions7 Apr 2026, 05:17 pm
MIC Electronics Ltd. Announces EGM for Acquisition of 71,72,090 Equity Shares of Neo Semi SG Pte. Ltd., Singapore
AI Summary
MIC Electronics Ltd. has called for an Extra-Ordinary General Meeting (EGM) on April 29, 2026, at 11:45 AM IST. The meeting will be held at the Registered Office of the Company in Hyderabad, Telangana. The purpose of the EGM is to approve the acquisition of 71,72,090 equity shares of Neo Semi SG Pte. Ltd., Singapore, from its selling shareholders. This acquisition will constitute 89.65% fully paid-up equity shares on a fully diluted basis. The EGM notice and other details are available on the Company's website.
Key Highlights
- MIC Electronics Ltd. has called for an EGM on April 29, 2026.
- The meeting will be held at the Registered Office of the Company in Hyderabad, Telangana.
- The purpose of the EGM is to approve the acquisition of 71,72,090 equity shares of Neo Semi SG Pte. Ltd., Singapore.
- This acquisition will constitute 89.65% fully paid-up equity shares on a fully diluted basis.
- The EGM notice and other details are available on the Company's website.
Price Impact
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