MIC ELECTRONICS : PREFERENTIAL ISSUE APPROVED BY BSE AND NSE

• Company received 'in-principle' approval from BSE and NSE for issue of equity shares on preferential basis. • The approval is for 5,68,73,418 equity shares of face value ₹2 each, at a price not less than ₹41.38 per share. • Transaction is a share swap towards acquisition of M/S. Neo Semi Sg PTE. Ltd, Singapore. • Allotment to be completed within 15 days, subject to receipt of Neo shares and procedural compliances.

MIC Electronics Limited

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