Ownership Neutral

2026-10-13 11:01

- Unico Global Opportunities Fund Limited acquired 5,00,000 equity shares of MIC Electronics Limited. - Post-acquisition shareholding increased from 7.93% (2,36,16,929 shares) to 8.10% (2,41,16,929 shares). - The acquisition date was October 31, 2025.

Ownership Neutral

2026-10-09 15:38

- Ebisu Global Opportunities Fund Limited acquired 56,16,929 equity shares of MIC Electronics Limited. - The acquisition increased the holding from 21,63,030 shares (0.90%) to 2,57,79,959 shares (8.65%). - The transaction took place through market purchase across multiple dates ending in October 2025.

Routine Neutral

2026-10-08 10:46

- MIC Electronics Ltd has received listing and trading approvals from BSE and NSE for 5,68,73,418 equity shares allotted on a preferential basis. - The shares were issued at ₹41.38 per share for consideration other than cash (swap of shares) to non-promoter shareholders of Neo Semi SG Pte. Ltd., Singapore. - The trading approval is effective from October 08, 2026, and the post-issue paid-up equity capital stands at ₹59,57,69,956.

Governance Neutral

2026-09-16 18:32

- Voting results of the 38th Annual General Meeting (AGM) held on September 16, 2026, were submitted. - Resolutions passed include adopting FY26 financial statements, re-appointing a director and statutory auditors, and approving several related party transactions. - Company's fully diluted equity share capital increased to 29,78,84,978 shares due to a share swap arrangement.

Governance Negative

2026-09-16 13:23

CRITICAL RED FLAG DETECTED

- 38th AGM held on Sep 16, 2026, adopted FY26 financials and approved re-appointments and related party transactions. - CEO updated on future prospects, including NEO Semi SG Pte Ltd acquisition. - Director Mr. Ravinder Reddy Surakanti resigned effective July 31, 2026.

Ownership Positive

2026-09-04 12:20

- MIC Electronics Limited has allotted 5,68,73,418 equity shares of ₹2/- each on a preferential basis to Neo Selling Shareholders. - This allotment is for consideration other than cash, to acquire 59% of the ordinary share capital of M/s. Neo Semi SG Pte. Ltd. - Post-allotment, the issued and paid-up capital increased from ₹48.20 crore to ₹59.58 crore.

Business Update Positive

2026-09-02 17:04

- MIC Electronics Limited announced the completion of the incorporation of its wholly-owned subsidiary, "MIC Defence Systems Private Limited". - The subsidiary was incorporated on August 31, 2026, with an initial investment of up to ₹10,00,000. - It will focus on defence electronics, systems, aerospace, homeland security, unmanned systems, and cyber security solutions.

Business Update Positive

2026-08-26 12:07

- Received 'In-Principle' approval from BSE & NSE on Aug 25, 2026, for preferential issue of 5,68,73,418 equity shares at ₹41.38/share. - Purpose: Acquisition of M/S. Neo Semi Sg PTE. Ltd, Singapore. - Allotment to be completed within 15 days.

Business Update Positive

2026-08-14 11:53

- MIC Electronics Limited received an upgrade in credit ratings from Brickwork Ratings for its bank loan facilities totaling ₹110.82 Cr. - Fund-based facilities upgraded from BWR BB /Stable to BWR BBB- /Stable. - Non-fund-based facilities upgraded from BWR A4 + Assignment to BWR A3 Upgrade.

Governance Negative

2026-07-31 16:54

CRITICAL RED FLAG DETECTED

- The Board of Directors approved the 38th Annual Report and the notice for the 38th Annual General Meeting (AGM) to be held on September 16, 2026. - Mr. Ravinder Reddy Surakanti resigned as an Independent Director effective July 31, 2026, due to personal and professional commitments. - Approved the incorporation of a new wholly-owned subsidiary for defence-related activities with an initial investment of up to ₹10 lakh. - Various board committees were re-constituted.

Governance Negative

2026-07-31 16:54

CRITICAL RED FLAG DETECTED

- Board Meeting held July 31, 2026. Approved FY25-26 Board Report and 38th AGM (Sep 16, 2026). - Mr. Ravinder Reddy Surakanti resigned as Independent Director. - Approved ₹10L investment for new wholly-owned subsidiary for defence activities. - Company committees were reconstituted.

Governance Negative

2026-07-31 16:52

CRITICAL RED FLAG DETECTED

- Board Meeting on July 31, 2026, approved FY25-26 Board Report and 38th AGM notice. - Independent Director Mr. Ravinder Reddy Surakanti resigned effective July 31, 2026, citing personal commitments. - Approved incorporation of a wholly-owned subsidiary for defence activities with ₹10 lakhs initial investment.

Governance Negative

2026-07-31 16:32

CRITICAL RED FLAG DETECTED

- Board approved FY 2025-26 Board's Report and notice for 38th AGM on September 16, 2026. - Mr. Ravinder Reddy Surakanti resigned as an Independent Director effective July 31, 2026, due to personal and professional commitments. - Approved the incorporation of a wholly-owned subsidiary for defence-related activities with an initial investment up to ₹10 Lakhs. - Board committees were re-constituted.

Governance Negative

2026-07-31 16:07

CRITICAL RED FLAG DETECTED

- Board Meeting held on July 31, 2026, approved the Board's Report for FY 2025-26 and the 38th Annual General Meeting on September 16, 2026. - Mr. Ravinder Reddy Surakanti resigned as an Independent Director effective July 31, 2026, due to personal commitments. - The Board approved the incorporation of a wholly-owned subsidiary for defence-related activities with an initial investment of up to ₹10 lakhs. - Various committees of the company were re-constituted.

Financials Positive

2026-07-31 16:05

- Consolidated Revenue ₹4371.95 Lakhs vs ₹1161.21 Lakhs (▲276.49% YoY) - EBITDA ₹427.00 Lakhs vs ₹411.04 Lakhs (▲3.88% YoY) - PAT ₹213.20 Lakhs vs ₹166.70 Lakhs (▲27.89% YoY) - EBITDA Margin 9.77% vs 35.40% (▼2563 bps)

532850

MIC Electronics Ltd

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