MIC Electronics Ltd (MICEL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by MIC Electronics Ltd on NSE and BSE, with an AI summary of each filing.
MIC Electronics Limited has informed the Exchange about Board Meeting to be held on 07-Nov-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 07 Nov 2026, 5:30 am
MIC Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2026 ,inter alia, to consider and approve the Unaudited (Standalone & ....
Intimation · 07 Nov 2026, 5:30 am
MIC Electronics Schedules Board Meeting to Approve Q2 FY27 Financial Results MIC Electronics Limited has scheduled a Board of Directors meeting on 7th Nov'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26, alongside the Statutory Auditors' Limited Review Report. Consequently, the trading window for dealing in company securities, which closed on 1st Oct'26 for all designated persons and their immediate relatives, will remain closed until 48 hours after the declaration of the financial results.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Unico Global Opportunities Fund Ltd
Acquisition/ Disposal of Shares · 13 Oct 2026, 4:30 pm
Unico Global Acquires 7.93% Stake in MIC Electronics Unico Global Opportunities Fund Ltd acquired 2,36,16,929 equity shares (7.93% stake) of MIC Electronics Ltd on 4th Sep'26 via preferential allotment through a share swap agreement. The allotment raises Unico’s total holding from 5,00,000 shares (0.21%) to 2,41,16,929 shares (8.10% of total diluted voting capital). Consequently, MIC Electronics' total equity share capital expanded to ₹59.58 cr (29,78,84,978 shares of ₹2 each). The newly allotted shares were admitted for trading on BSE and NSE effective 8th Oct'26 and remain under lock-in until 14th Apr'27.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ebisu Global Opportunities Fund Ltd
Acquisition/ Disposal of Shares · 09 Oct 2026, 9:05 pm
Ebisu Global Opportunities Fund Increases Stake in MIC Electronics to 8.65% Ebisu Global Opportunities Fund Limited acquired 2,36,16,929 equity shares (7.93% stake) of MIC Electronics Limited via a preferential share swap allotment on 4th Sep'26. This raised Ebisu's total holding from 21,63,030 shares (0.90%) to 2,57,79,959 shares (8.65% of total diluted voting capital). Post-allotment, MIC Electronics' total paid-up equity expanded to ₹59,57,69,956 comprising 29,78,84,978 shares of ₹2 face value. The newly allotted shares were admitted for trading on BSE and NSE effective 8th Oct'26 and remain locked in until 14th Apr'27.
The company has received trading approval from BSE & NSE for 5,68,73,418 shares allotted on a preferential basis.
Others (Uncategorized) · 08 Oct 2026, 4:15 pm
MIC Electronics Obtains Listing and Trading Approvals for 5.69 Crore Preferential Shares MIC Electronics Limited received listing and trading approvals from BSE and NSE for 5,68,73,418 equity shares of face value ₹2 each, effective 8th Oct'26. The shares were allotted on 4th Sep'26 on a preferential basis at an issue price of ₹41.38 per share (₹39.38 premium) via a share swap to non-promoter shareholders of Neo Semi SG Pte. Ltd., Singapore. Post-issue, paid-up equity capital stands at ₹59.58 crore across 29,78,84,978 shares. The allotted shares remain under lock-in until 14th Apr'27.
38th AGM Voting Result alongwith Combined Scrutinizers Report
Annual General Meeting · 17 Sept 2026, 12:01 am
Submission of the proceedings of the 38th Annual General Meeting of the Company held today.
Annual General Meeting · 16 Sept 2026, 6:52 pm
Allotment of equity shares on a preferential basis
Others (Uncategorized) · 04 Sept 2026, 5:48 pm
Intimation of incorporation of subsidiary, "MIC Defence Systems Private Limited."
Others (Uncategorized) · 02 Sept 2026, 10:32 pm
MIC Electronics Incorporates Wholly-Owned Defence Systems Subsidiary MIC Electronics Limited incorporated a 100% wholly-owned subsidiary, MIC Defence Systems Private Limited, on 31st Aug'26. The new entity will focus on defence electronics, aerospace, unmanned systems, and AI-based defence technologies. The subsidiary was incorporated with an authorized share capital of ₹10 lakhs and a paid-up capital of ₹1 lakh. This action follows the parent board's prior approval on 31st Jul'26 for an initial investment of up to ₹10 lakhs to strategically establish its new defence-focused business arm.
Receipt of in-principle approval from the stock exchanges for issue of Equity Shares on preferntial basis towards the acquisition of M/s. NEO Semi SG Pte Ltd, Singapore.
Others (Uncategorized) · 26 Aug 2026, 5:35 pm
MIC Electronics Gets Nod for Preferential Share Issue to Acquire Neo Semi Sg MIC Electronics has received in-principle approval from BSE and NSE on Aug 25, 2026, for a preferential issue of 5,68,73,418 equity shares. This issuance, priced at no less than Rs. 41.38 per share, is for the acquisition of Singapore-based Neo Semi Sg PTE. Ltd. via a share swap to non-promoters. The face value of each share is Rs. 2. The allotment will be completed within 15 days, subject to the receipt of Neo shares and other procedural compliances. This action will lead to equity dilution.
The Annual Report for FY2025-26 is attached herewith.
Others (Uncategorized) · 22 Aug 2026, 6:16 pm
The notice of the 38th Annual General Meeting is attached herewith.
Annual General Meeting · 22 Aug 2026, 6:11 pm
Please find enclosed the intimation regarding the Credit Rating of the Company.
Others (Uncategorized) · 14 Aug 2026, 5:22 pm
MIC Electronics Receives Credit Rating Upgrade from Brickwork Ratings Brickwork Ratings has upgraded MIC Electronics' credit rating for its bank loan facilities, effective 13 Aug'26. Fund-based facilities totaling Rs 76.53 crore were upgraded to 'BWR BBB-/Stable' from 'BWR BB/Stable'. Non-fund-based facilities of Rs 34.29 crore were upgraded to 'BWR A3' from 'BWR A4+'. The revision applies to total bank facilities which have increased to Rs 110.82 crore from a previously rated Rs 74.23 crore. The upgrade signals an improved credit profile for the company's long-term and short-term debt instruments.
enclosed
Others · 31 Jul 2026, 10:23 pm
MIC Electronics Board Approves New Subsidiary, Notes Director Resignation MIC Electronics' board approved incorporating a wholly-owned subsidiary for defence-related activities with an initial investment of up to ₹10 lakh. The 38th AGM is scheduled for 16 Sep'26, with a record date of 10 Sep'26. The board also noted the resignation of Independent Director Mr. Ravinder Reddy Surakanti, effective 31 Jul'26, citing personal reasons. Additionally, the company reconstituted its Audit, Nomination & Remuneration, Stakeholders Relationship, Management, and Corporate Social Responsibility committees, appointing new chairpersons and members with immediate effect.
Enclosed
Annual General Meeting · 31 Jul 2026, 10:19 pm
MIC Electronics to Launch Defence Subsidiary, Announces Board Resignation MIC Electronics' board has approved the incorporation of a wholly-owned subsidiary focused on defence-related activities, including manufacturing and technology supply. The new entity will be established with an initial investment of up to ₹10 lakh. The company also announced its 38th AGM will be held on 16 Sep'26, with a record date of 10 Sep'26. Additionally, Independent Director Mr. Ravinder Reddy Surakanti resigned effective 31 Jul'26, citing personal commitments, with no other material reasons disclosed. Board committees were also reconstituted.
Intimation of resignation of Mr. Ravinder Reddy Surakanti as a Director of the Company.
Change in Management · 31 Jul 2026, 10:00 pm
MIC Electronics Board Approves Defence Subsidiary, Announces AGM & Director Resignation MIC Electronics' board, on 31st Jul'26, approved incorporating a wholly-owned subsidiary for defence-related activities with an initial ₹10 lakh investment. The board also approved the FY25-26 annual report and scheduled the 38th AGM for 16th Sep'26, with a record date of 10th Sep'26. Concurrently, Independent Director Mr. Ravinder Reddy Surakanti resigned effective 31st Jul'26, citing personal commitments. Additionally, board committees were reconstituted to fill the vacancy and optimize governance structures.
Outcome of the Board Meeting held today is enclosed
Outcome · 31 Jul 2026, 9:36 pm
MIC Electronics To Form Defence Subsidiary, Director Resigns MIC Electronics' board approved incorporating a wholly-owned subsidiary for defence-related activities with an initial investment up to ₹10 lakh. The 38th AGM is scheduled for 16 Sep'26, with a record date of 10 Sep'26. Additionally, Independent Director Ravinder Reddy Surakanti resigned effective 31 Jul'26, citing personal commitments. The board also approved the FY26 Annual Report and reconstituted several committees. The new subsidiary's incorporation is expected within 60 days, expanding the company's strategic business lines into the defence sector.
Enclosed the Unaudited Financial Results (Standalone & Consolidated) for the Quarter ended June, 30, 2026 approved by the Board in its meeting held today.
Financial Result · 31 Jul 2026, 9:33 pm
MIC Electronics Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) ■ Revenue: 4,372 (+276.5% YoY | -13.9% QoQ) ■ EBITDA: 427 (+3.9% YoY | -68.0% QoQ) ■ EBITDA Margin (%): 9.8 (-2563 bps YoY | -1652 bps QoQ) ■ PAT: 213 (+27.9% YoY | Loss to Profit QoQ) ■ EPS (INR): 0.09 (+28.6% YoY | Loss to Profit QoQ) MIC Electronics Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) Segmental Performance LED Products ■ Revenue: 1,229 (+8.8% YoY | -75.9% QoQ) ■ EBIT: 294 (-8.1% YoY | -76.9% QoQ) ■ EBIT Margin (%): 23.9 (-438 bps YoY | -110 bps QoQ) Medical and other appliances ■ Revenue: 0.0 (-100.0% YoY) ■ EBIT: -0.6 (Profit to Loss YoY | +97.6% QoQ) ■ EBIT Margin (%): 0.0 (-565 bps YoY) Automobiles ■ Revenue: 0.0 ■ EBIT: 0.0 (Loss to Profit QoQ) ■ EBIT Margin (%): 0.0 Electrical & Electronics, Spare parts trading ■ Revenue: 3,143 ■ EBIT: 37.9 (+393.7% QoQ) ■ EBIT Margin (%): 1.2
MIC Electronics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve a) To consider and approve ....
Intimation · 31 Jul 2026, 5:30 am
Receipt of completion certificate
Others (Uncategorized) · 13 Jul 2026, 5:52 pm
MIC Electronics Receives Completion Certificates for Railway Projects MIC Electronics announced on 13 Jul'26 it received Completion and Installation Certificates for multiple railway projects. These include the provision of Coach Indicator Boards at six platforms for the Rajkot Division and Coach Guidance Boards, Display Boards, GPS clocks, and Parcel Management Systems across eleven stations for the Jabalpur Division of West Central Railway. The certificates signify the successful execution of these contracts, marking a key operational milestone for the company's work with Indian Railways.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RRK Enterprise Pvt Ltd
Acquisition/ Disposal of Shares · 08 May 2026, 8:01 pm
Promoter Group Sells 2.28% Stake in MIC Electronics via Open Market Promoter group entity RRK Enterprise Private Limited has sold 54,97,316 equity shares of MIC Electronics, representing 2.28% of total share capital, via open market transactions. The sales occurred between 18 Feb'26 and 07 May'26. Following the disposal, the promoter group's holding in the company has decreased from 47.18% (11,37,24,095 shares) to 44.90% (10,82,26,779 shares). The company's total equity share capital remains at Rs. 48,20,23,120, comprising 24,10,11,560 shares of Rs. 2 each.
Please find attached the intimation regarding the development of IPIS v2.0 by the company for Indian Railways.
Others (Uncategorized) · 08 May 2026, 3:49 pm
MIC Electronics Updates on IPIS v2.0 Project for Indian Railways MIC Electronics Limited announced on 08 May'26 it has initiated the development of its Integrated Passenger Information System (IPIS) v2.0 for Indian Railways. The project is progressing as planned, with the product architecture successfully established. Dedicated teams are working in parallel across hardware, firmware, and Network Management System (NMS) application software. The company reports meaningful progress in all major development areas and is on track for product realization and delivery, citing a focused engineering approach and a clear deployment roadmap.
We wish to inform you that the company has received a letter of acceptance from the Chhattisgarh Environment Conservation Board for an amount of Rs. 3,78,00,000/- for the design, supply, ....
Others (Uncategorized) · 05 May 2026, 7:37 pm
MIC Electronics Wins New Order Worth ₹3.78 Crore MIC Electronics has received a Letter of Acceptance from the Chhattisgarh Environment Conservation Board valued at ₹3.78 crore. The domestic order, disclosed on May 05, '26, is for the design, supply, installation, and maintenance of lab furniture for a central environmental laboratory. The project is scheduled to be executed within 12 months. This is not a related-party transaction and was secured through a tender process.
We enclose herewith the combined voting results (remote e-voting and voting conducted at the venue of EGM) in the prescribed format along with the consolidated scrutinizer''s report.
Extra Ordinary General Meeting · 30 Apr 2026, 3:03 am
Proceeding of the Extra-ordinary General Meeting of the Company held today i.e., April 29, 2026 at 11.45 a.m. at the Registered Office of the Company.
Extra Ordinary General Meeting · 29 Apr 2026, 6:25 pm
MIC Electronics EGM Approves Neo Semi SG Acquisition and Share Swap MIC Electronics held an Extra-Ordinary General Meeting on 29 Apr'26, seeking approval for several key resolutions. The main agenda included approving the acquisition of 71,72,090 equity shares of Neo Semi SG Pte. Ltd, Singapore, representing an 89.65% stake on a fully diluted basis. Shareholders also voted on issuing up to 5,68,73,418 equity shares on a preferential basis via a share swap to acquire an additional 47,20,060 shares (59%) of Neo Semi. A change in director designation was also proposed. Voting results are pending.