StockWatch
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Industrial Products
Shareholding8 May 2026, 02:32 pm

MIC Electronics: RRK Enterprise Sells 2.28% Stake

AI Summary

RRK Enterprise Pvt Ltd, a promoter group entity of MIC Electronics Ltd, disposed of 54,97,316 equity shares, representing 2.28% of the total share capital, in the secondary market. This sale reduced RRK Enterprise's holding in MIC Electronics from 47.18% to 44.90%. The transactions occurred between February 18, 2026, and May 07, 2026. The equity share capital of MIC Electronics remains unchanged at ₹48,20,23,120.

Key Highlights

  • RRK Enterprise sold 54,97,316 shares of MIC Electronics in the open market.
  • The sale reduced RRK Enterprise's stake in MIC Electronics to 44.90%.
  • The transactions occurred between February 18, 2026, and May 07, 2026.
  • RRK Enterprise is classified as belonging to the Promoter/Promoter group.