MIC

MIC Electronics Limited has informed the Exchange regarding Board meeting held on November 12, 2021.

MIC Electronics Limited has informed the Exchange regarding Board meeting held on November 12, 2021.

MIC Electronics Limited has informed the Exchange regarding Board meeting held on September 16, 2021.

MIC Electronics Limited has informed the Exchange regarding Board meeting held on August 14, 2021.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on July 06, 2021.Emergency Board Meeting called by the Board of Directors, due to Appointment and Resignations of Director s. Board Meeting started at 9.00 PM Meeting concluded at 11.15 PM and considered and approved: Appointment of Mr. Kaushik Yalamanchili as Additional Director (Promoter Director) with effect from 6th July 2021. Appointment of Mr. Katepalli Manideep as Additional Director (Independent Director) with effect from 6th July 2021. Resignation of Mr. Vishnu Ravi as Executive Director with

MIC Electronics Limited has informed the Exchange regarding Board meeting held on February 12, 2021.

MIC Electronics Limited has informed the Exchange regarding Board meeting held on December 04, 2020. for Calling of Annual General Meeting

MIC Electronics Limited has informed the Exchange regarding Board meeting held on December 14, 2019. Un- audited Financial Results for the quarter ended on 30th September 2019

MIC Electronics Limited has informed the Exchange regarding Board meeting held on December 09, 2019.Board Meeting concluded at 3.20 PM and consider and approve appointment of Ms. K Gayathri Upadhyayula (DIN: 07901195) as Additional Director, designated as Independent Director with effect from 9th December 2019

MIC Electronics Limited has informed the Exchange regarding Board meeting held on November 28, 2019. 31st Annual General Meeting of the Company is scheduled to be held on Saturday the 21st day of December 2019 at 10.30 AM at Registered office of the company situated A4/II Electronic Complex, Kushaiguda, Hyderabad - 500 062.

MIC Electronics Limited has informed the Exchange regarding Board meeting held on February 13, 2019.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on November 29, 2018.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2018.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on July 11, 2018.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on February 12, 2018.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on December 12, 2017.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on September 04, 2017.

MIC Electronics Limited has informed the Exchange regarding Outcome of Board Meeting held on July 24, 2017.

MIC Electronics Limited the Board of Directors, at its meeting held on February 18, 2017 has approved the following :(1) Increasing the Authorised Share Capital of the company by Rs. 4 (Four) Crores. (2). Conversion of Debt into Equity by way of issue of 4,32,93,974 (Four Crores Thirty Two Lakhs Ninety Three Thousand Nine Hundred and Seventy Four) equity shares at issue price of Rs. 20/- per share (Face Value of Rs. 2/- each at premium of Rs. 18/- each) (3) Calling for Extra-ordinary General Meeting of the Company scheduled to be held on March 20, 2017 .

MIC Electronics Limited has informed the Exchange that the Board of Directors, at its meeting held on February 11, 2017 has discussed for conversion of debt / liability into Equity on preferential basis and decided to take-up the proposal in the board meeting to be held on February 18, 2017.

MIC Electronics Limited has informed the Exchange regarding outcome of meeting of the Board of Directors of the Company held on November 01, 2016.

MIC Electronics Limited has informed the Exchange regarding the outcome of the board meeting held on September 03, 2016.

MIC Electronics Limited has informed the Exchange that the Board Meeting has been concluded and approved the following: 1. The Company and State Bank of India have mutually agreed for a one time settlement of working capital loan as per the settlement letter dated August 3, 2016. The bank has agreed to waive the total outstanding interest of Rs. 22.46 crores, As a result, the total outstanding due of the company towards this loan has reduced to Rs. 57.43 Crores.

MIC Electronics Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 30, 2016, approved:1. Resignation of Shri. Malleswara Durga Prasad as CFO of the Company with effect from May 23, 2016.2 . Appointment of Shri. L. N. Malleswara Rao Executive Director of the Company appointed as CFO with effect from May 30, 2016.3 4. Appointment of Mr. Khush Mohammad as Company Secretary of the Company with effect from May 23, 2016.

MIC Electronics Limited has informed the Exchange that the Board Meeting has been concluded and approved the following. 1. Allotment of 3,30,00,000 Preferential Convertible Equity Share Warrants to investors face value Rs.2/- each at a premium of Rs.23/- issued at Rs.25/- each as per in-principal approval received from National Stock Exchange of India Limited and Bombay Stock Exchange through letters dated January 28, 2016 and February 4, 2016 respectively.2. The proposal for conversion of debt/liability into equity shares on preferential basis has been reviewed by the board in detail and advi

MIC Electronics Limited has informed the Exchange the Board of Directors at its meetings held on January 09, 2016 has concluded and approved the following:(1) The issue of conversion of debt / liability into equity shares and further issue of equity shares on preferential basis has been discussed by the Board in detail. After examining all aspects involved the Board felt that the subject matter merits re-examination specially keeping in view of the interests of all the stakeholders involved. Accordingly the Managing Director, Dr. M V Ramana Rao is requested to come up with a specific proposal

MIC Electronics Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on the November 10,2015, inter- alia, approved the following:1) Issued and Allotted 87,32,778 (Eighty Seven lakhs Thirty Two Thousand Seven Hundred and Seventy Eight) equity shares by conversion of Preferential Convertible Equity Share Warrants to the promoters and investors in 1:1ratio.

MIC Electronics Limited has informed the Exchange regarding the Outcome of Board Meeting of the Company held on September 05, 2015.

MIC Electronics Limited has informed the Exchange vide letter dated July 25, 2015 regarding outcome of the Board Meeting held on July 25, 2015.

MIC Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 16, 2015 has been considered and approved the following : (1) Appointment of Shri Malleswara Durga Prasad as CFO & Company Secretary of the company with effect from March 01, 2015. (2) Divestment of 100% stake in Maave Electronics Private Limited concluded as on 1st January 2015. (3) Considered Appointment of Mrs. Venkata Ramani V as Additional, Independent Director of the company which was approved earlier through Circular Resolution.

MIC Electronics Limited has informed the Exchange that the Board at its meeting held on March 19, 2015 concluded and approved the following: 1,64,25,000 (One Crore Sixty Four Lakhs Twenty Five Thousand) Conversion of Preferential Convertible Share Warrants into equity shares in 1:1 ratio a part of 7,44,62,070 Preferential convertible Equity share Warrants allotted on November 25, 2014 as per In-principle approval under Clause 24(a) from Stock Exchanges.

MIC Electronics Limited has informed the Exchange that the Board of Directors at their meeting held on November 14, 2014 has concluded and approved the following: 1.Resignation of Mr. Vijay Kumar Naidu Ch as Company Secretary with effect from September 05, 2014. 2. During the end of the quarter the company has commenced the execution of Nashik Municipal Corporation (NMC) project for replacement of existing 69541 street lights with LED Luminaries and is expected to complete it within 6 months. 3. Disinvestment of majority stake holding of M/s. Maave Electronics Limited (i.e of 100% subsidiar

MIC Electronics Limited has informed the Exchange that the Board has approved the following in their Board meeting held on October 25, 2014 : 1) Investments by the company subject to the provisions of Companies Act, 2013. 2) Buy/sell/Leasing of Property subject to the provisions of Companies Act, 2013. 3) Transferring all claims against 40 Crores Bank Guarantee furnished by bank of Maharashtra Nashik City Branch in-favour of MIC Electronics Limited to Energy Efficiency Services Limited which is implementation partner of Nashik Municipal Corporation Project.

MIC Electronics Limited has informed the Exchange that Board of Directors proposed along with other items the following items of special business and recommended to the members for their approval in the ensuing Annual General Meeting a) Ratification to the amendments made by the board to the resolutions passed by the members at their general meeting held on 22nd November 2013 for issue of Convertible Share Warrants to Promoters and Investors.

MIC Electronics Limited has informed the Exchange that the board meeting to consider audited financial results for the financial year ended 31.03.2014 (for 9 months) in stead of un-audited results. Fresh board meeting will be held before 30.05.2014 and notice for the same will be issued within stipulated time.

MIC Electronics Limited has informed the Exchange the outcome of Board meeting held on October 26, 2013

MIC Electronics Limited has informed the Exchange that the Company was in process of issue of 5,06,75,000 Equity share warrants on preferential basis to the Promoters and other Investors in the Extra Ordinary General Meeting held on June 30, 2012 and had submitted an application for inprinciple approval for aforesaid Preferential warrants. The Board of Directors in their meeting held on April 17, 2013 has decided to withdraw the aforesaid Preferential issue proposal.

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 29, 2012, has approved re-appointment of Dr. M V Ramana Rao as Chairman & Managing Director.

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 05, 2012 approved the following: (1) Board has accorded its consent to issue Preferential Shares and Warrants to promoters & Non-Promoters subject to approval of Shareholders and In principal approval from the concerned Stock Exchanges; (2) Extraordinary General Meeting scheduled to be held on June 30, 2012.

Mic Electronics Limited has informed the Exchange that that the Company was in process of issue of 5,06,75,000 Equity share warrants on preferential basis to the Promoters and other Investors and had submitted an application for in-principle approval for aforesaid Preferential warrants. The Board of Directors in their meeting held on May 25, 2012 has decided to withdraw the aforesaid Preferential Issue proposal. Further, the Company has decided to do freshly issue of Preferential Convertible Warrants as per the SEBI ICDR Regulations and other applicable laws and after getting the necessary app

Mic Electronics Limited has informed the Exchange that the Board of Director of the Company at its meeting held on May 11, 2012 approved the following: (1) Withdrawal of earlier resolution passed regarding change of Financial Year to March, subsequent to withdrawal the Financial Year will continue to remain from 1st July to 30th June.

Mic Electronics Limited has informed the Exchange that the Board Meeting of the Company was held on February 27, 2012 and approved the following: (1) Appointment of Shri Alla Chandra Sekhar as Additional Director with effect from February 27,2012.(2) Board has accorded its consent to issue Preferential Shares and Warrants to promoters & Non-Promoters subject to approval of Shareholders and In principal approval from the concerned Stock Exchanges.(3) Change of Financial Year from 1st July - 30th June to 1st April - 31 st March. Present Financial Year commence from Ist July 2011 and closes on 31

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 11, 2012 has approved the following: (1) Accepted Resignation of Dr. Daggubati Venkateswara Rao from the Board of Directors due to his preoccupation with effect from January 02, 2012; (2) Accepted Resignation of Shri Anil Goyal from the Board of Directors due to his preoccupation with effect from February 11, 2012.

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 29, 2011 has approved the following : (1) Appointment of Shri Atluri Venkata Ram as CEO; (2) Issue of ESOPs; (3) Increasing the Authorised Share Capital of the Company by Rs. 10 (Ten) Crores.

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 12, 2011, has approved the following : (1) Resignation of Shri Srikant P. Joshi as Director from the Board of Directors due to his preoccupations with effect from November 08, 2011; (2) 60,00,000 warrants allotted on April 20, 2010 warrants were not exercised within the statutory period of 18 months from the date or before October 19, 2011 (i.e. 18 months from the date of allotment), hence 60,00,000 warrants stand cancelled. The initial deposit of 25% of the offer price

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 10, 2011 approved the following : (1) Appointment of Daggubati Venkateswara Roa as Director of the Company; (2) Appointment of Mr. Vijay Kumar Naidu Ch as Company Secretary; (3) 1,05,00,000 warrants allotted on January 21, 2011. 18,60,000 warrants were converted on April 20, 2010, remaining 86,40,000 warrants were not exercised within the statutory period of 18 months from the date or before July 20, 2011 (i.e. 18 months from the date of allotment), hence 86,40,000 warrant

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 07, 2011, has approved the following : (1) Resignation of Shri Ranjan Kapur from the Board of Directors due to his preoccupation; (2) Resignation of Shri Vasudeva Rao Devaki, Company Secretary.

Mic Electronics Limited has informed the Exchange regarding the outcome of Board Meeting held on April 20, 2010. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/mic_outcome_21042010.zip target=NEW> For more details click here.</a>

Mic Electronics Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on January 11, 2010 took note of the in-priniciple approval received from the Stock Exchange for issue and allotment of 1,05,00,000 warrants instead of 1,65,00,000 warrants, at Rs.44.40/- (including premium) each approved by the members vide their meeting held on September 09, 2009; 60,00,000 warrants subscribed by two promoters viz. Ms. Maganti Chaitanya Deepti and Ms. Maganti Chaitanya Keerti were not allowed due to non-compliance of Lock-in requirements by them. Board to fill t

Mic Electronics Limited has informed the Exchange that the Board in its meeting held on December 05, 2009 took note of the resignation of Shri Shrikant P Joshi as CEO of the company due to his preoccupations and he will continue to be on the Board as Independent Director.