Shareholding13 Oct 2026, 11:01 am
MIC Electronics: Unico Global Fund Acquires 2.36 Cr Shares via Swap
AI Summary
MIC Electronics Limited has received a disclosure from Unico Global Opportunities Fund Limited, a Mauritius-based foreign corporate, regarding the acquisition of 2,36,16,929 equity shares. This acquisition, representing 8.10% of the total share capital, was completed on September 4, 2026, on a preferential basis through a share swap agreement dated March 30, 2026. The shares were listed on BSE and NSE on October 8, 2026, and are under lock-in until April 14, 2027. This transaction is in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Unico Global Opportunities Fund acquired 2,36,16,929 shares in MIC Electronics.
- The acquisition was executed via a preferential allotment through a share swap.
- The shares represent 8.10% of MIC Electronics' total share capital.
- The acquired shares are under lock-in until April 14, 2027.
- The transaction complies with SEBI SAST Regulations, 2011.
Price Impact
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