MIC ELECTRONICS LTD.

MIC Electronics Ltd announced the allotment of 5,68,73,418 equity shares of face value ₹2 each on a preferential basis. This allotment is for consideration other than cash, towards the acquisition of 59% of M/s. Neo Semi SG Pte. Ltd. from Ebisu Global Opportunities Fund, Unico Global Opportunities Fund, and Tavas Advisory & Consulting. The transaction was approved by shareholders in an EGM on April 29, 2026. Following the allotment, the company's issued and paid-up capital has increased. The newly allotted shares will rank pari passu with existing equity shares.

MIC Electronics Ltd has announced the incorporation of its wholly-owned subsidiary, "MIC Defence Systems Private Limited." This new entity, established with an initial investment of up to ₹10,00,000, will focus on defence electronics, aerospace, homeland security, and related technologies. The incorporation was approved by the Board of Directors and has received its Certificate of Incorporation from the Registrar of Companies. MIC Defence Systems Private Limited has an authorized share capital of ₹10,00,000 and a subscribed and paid-up share capital of ₹1,00,000. The subsidiary is considered a related party as per the Companies Act, 2013.

MIC Electronics Ltd has received 'In-Principle' approval from BSE Limited and National Stock Exchange of India Limited for the preferential issue of 5,68,73,418 equity shares. These shares, with a face value of Re. 2/- each, will be issued at a price of not less than Rs. 41.38/- per share to non-promoters. This issuance is part of the acquisition of M/s. NEO Semi SG Pte Ltd, Singapore, through a share swap mechanism. The company expects to complete the share allotment within 15 days, subject to receiving Neo shares and completing other procedural compliances.

MIC Electronics Ltd has announced the details for its 38th Annual General Meeting (AGM), scheduled for Wednesday, September 16, 2026, at 11:00 a.m. IST. The meeting will be held at the company's registered office in Hyderabad. Alongside the AGM notice, the company has also released its Annual Report for the financial year 2025-26. A remote e-voting facility is available for shareholders from Sunday, September 13, 2026, to Tuesday, September 15, 2026. The Register of Members and Share Transfer Books will be closed from September 11 to September 16, 2026, for the AGM. The cut-off date for determining voting eligibility is September 10, 2026. Both the AGM notice and Annual Report are accessible on the company's website.

MIC Electronics Ltd has announced its 38th Annual General Meeting (AGM) scheduled for September 16, 2026. The company has attached its Annual Report for the financial year 2025-26 and the Notice of the AGM. The AGM will be held at the company's registered office in Hyderabad. A remote e-voting facility is available for shareholders from September 13 to September 15, 2026, with September 10, 2026, set as the cut-off date for eligibility. The Register of Members and Share Transfer Books will be closed from September 11 to September 16, 2026.

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, 2026, with September 10, 2026, as the record date. The remote e-voting period is set from September 13 to September 15, 2026. Mr. Ravinder Reddy Surakanti resigned as an Independent Director. The Board also 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.

MIC Electronics Ltd held a Board 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 Register of Members and Share Transfer Books will be closed from September 11 to September 16, 2026, with September 10, 2026, set as the Record Date. The company also approved the incorporation of a wholly-owned subsidiary with an initial investment of up to ₹10,00,000. Additionally, Mr. Ravinder Reddy Surakanti resigned as an Independent Director, and the Board reconstituted its committees. Mr. Y. Ravi Prasada Reddy was appointed as the Scrutinizer for the AGM's e-voting process.

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.

MIC Electronics Ltd announced the resignation of Mr. Ravinder Reddy Surakanti as an Independent Director, effective July 31, 2026, due to personal and professional commitments. The Board of Directors accepted the resignation during their meeting on the same day. The meeting also saw the approval of the Board's Report and the Notice for the 38th Annual General Meeting (AGM) scheduled for September 16, 2026. Key dates for the AGM include a record date of September 10, 2026, and a remote e-voting period from September 13 to September 15, 2026. Additionally, the company approved the incorporation of a wholly-owned subsidiary with an initial investment of up to ₹10,00,000 and reconstituted various board committees.

MIC Electronics Ltd held a Board Meeting on July 31, 2026, approving the Board's Report for FY 2025-26 and the notice for the 38th Annual General Meeting (AGM) scheduled for September 16, 2026. The company also announced a record date of September 10, 2026, for the AGM. Key decisions included noting the resignation of Independent Director Mr. Ravinder Reddy Surakanti and appointing a scrutinizer for the AGM's e-voting process. Furthermore, the Board approved the incorporation of a wholly-owned subsidiary with an initial investment of up to ₹10,00,000 and re-constituted various board committees.