MIC

MIC: The Exchange had sought clarification from MIC Electronics Limited with respect to announcement dated 12-Nov-2021, regarding acquisition of equity shares to the extent of 51% of M/s. Pastiche Energy Solutions Private Limited at its board meeting held on November 12, 2021. On basis of above the Company was required to clarify following: 1. Name of the target entity, details in brief such as size, turnover etc;2. Whether the acquisition would fall within related party transactions and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If ye

MIC:The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 12-Nov-2021, regarding acquisition of equity shares to the extent of 51% of M/s. Pastiche Energy Solutions Private Limited at its board meeting held on November 12, 2021. On basis of above the Company is required to clarify following: 1. Name of the target entity, details in brief such as size, turnover etc;2. Whether the acquisition would fall within related party transactions and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes,

MIC: The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 06-Jul-2021, regarding Outcome of Board Meeting held on July 06, 2021.��On basis of above the Company is required to clarify following:��1. Brief profile (in case of appointment)2. Disclosure of relationships between directors (in case of appointment of a director)3. No other material reasons other than providedThe response of the Company is awaited.

Members of the Exchange are hereby informed that the trading in Equity Shares of MIC Electronics Limited will continue to remain suspended w.e.f. June 24, 2021 on account of record date for the purpose of Reduction of Share Capital.

MIC: The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 28-Nov-2019 regarding Appointment of DirectorsOn basis of above the Company is required to clarify following:1. Date of appointment/cessation (as applicable) of appointment2. Brief profile (in case of appointment)3. Disclosure�� of�� relationships�� between�� directors�� (in�� case�� of�� appointment�� of�� a director)The response of the Company is awaited.

Significant movement in price has been observed in MIC Electronics Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. MIC Electronics Limited has submitted their response.

Significant movement in price has been observed in MIC Electronics Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

Significant movement in price has been observed in MIC Electronics Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. MIC Electronics Limited has submitted their response.

Significant movement in price has been observed in MIC Electronics Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

MIC:The Exchange had sought clarification from MIC Electronics Limited with respect to announcement dated 04-Sep-2017, regarding "Outcome of Board Meeting held on September 04, 2017.".On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);The response of the Company is attached.

MIC:The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 04-Sep-2017, regarding "Outcome of Board Meeting held on September 04, 2017.".On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);The response of the Company is awaited.

MIC:The Exchange had sought clarification from MIC Electronics Limited with respect to announcement dated 24-Jul-2017, regarding "Outcome of Board Meeting held on July 24, 2017.".On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);2. Disclosure of relationships between directors (in case of appointment of a director).The response of the Company is enclosed.

MIC:The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 24-Jul-2017, regarding "Outcome of Board Meeting held on July 24, 2017.".On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);2. Disclosure of relationships between directors (in case of appointment of a director).The response of the Company is awaited.

MIC:The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 01-Nov-2016, regarding outcome of meeting of the Board of Directors of the Company held on November 01, 2016.The reply of the company is attached.

MIC:The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated 01-Nov-2016, regarding outcome of meeting of the Board of Directors of the Company held on November 01, 2016.On basis of above the Company is required to clarify following:1. The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year;2. Date on which the agreement for sale has been entered into;3. The expected date of completion of sale/disposal;4. Consideration received from such sal

MIC: The Exchange had sought clarification from the Company with respect to announcement dated September 03, 2016, regarding the Board of Director in their meeting held on September 03, 2016 approved the following:Disposal of 100% subsidiary companies MIC Green Solutions Private Limited and Candilux Private Limited due to commercial operations has not commenced.The Company vide email dated September 14, 2016 has clarified as below:"We hereby inform you that Board has decided to Disposal of 100% Subsidiary Companies M/s. MIC Green Energy Solutions and M/s. Candilux Private Limited due to commer

MIC:The Exchange has sought clarification from the Company with respect to announcement dated September 03, 2016, regarding the Board of Director in their meeting held on September 03, 2016 approved the following:Disposal of 100% subsidiary companies MIC Green Solutions Private Limited and Candilux Private Limited due to commercial operations has not commenced.On basis of above the Company is required to clarify following:1. Date on which the agreement for sale has been entered into;2. The expected date of completion of sale/disposal;3. Consideration received from such sale/disposal;4. Brief d

MIC: The Exchange had sought clarification from the Company with respect to announcement dated August 08, 2016, regarding 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. On basis of above the Company was required to clarify following:1.

MIC: The Exchange has sought clarification from the Company with respect to announcement dated August 08, 2016, regarding 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. On basis of above the Company is required to clarify following:1.

MIC Electronics Limited has informed the Exchange vide letter dated January 11, 2016 regarding "Clarification in connection with Outcome of Board Meeting held on May 16, 2015 in connection with "Divestment of 100% stake in Maave Electronics Private Limited concluded as on 1st January 2015".

The Exchange has sought clarification from MIC Electronics Limited with respect to announcement dated May 18, 2015, wherein "Board of Directors of the Company has approved Divestment of 100% stake in Maave Electronics Private Limited concluded as on 1st January 2015". On basis of above Company is required to clarify : 1. The amount and percentage of the turnover or revenue or income and net worth contributed by such entity during the last financial year. 2. Date on which the agreement entered. 3. Consideration received from such sale. 4. Brief details of buyers and whether any of the