MIC Electronics Limited has filed a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding receipt of trading approvals for preferentially allotted shares.
The company received listing and trading approvals from both BSE Limited and National Stock Exchange of India Limited for 5,68,73,418 equity shares that were allotted on a preferential basis. The shares have been listed and admitted to dealings on both exchanges effective Thursday, October 08, 2026.
Key Details of the Preferential Allotment:
- Type of security: Equity shares of face value ₹2/- each, fully paid-up
- Number of shares: 5,68,73,418 (Five Crore Sixty-Eight Lakh Seventy-Three Thousand Four Hundred and Eighteen)
- Issue price: ₹41.38 per share (including a premium of ₹39.38 per share)
- Nature of issue: Preferential allotment for consideration other than cash (swap of shares) to non-promoters, being the shareholders of Neo Semi SG Pte. Ltd., Singapore
- Date of allotment: September 04, 2026
- Distinctive numbers: 241011561 to 297884978
- Lock-in period: Up to April 14, 2027
- Post-issue paid-up equity share capital: ₹59,57,69,956 divided into 29,78,84,978 equity shares of ₹2/- each
Regulatory Approvals Received:
- BSE approval: Letter Ref. LOD/PREF/VJ/77/2026-2027 dated October 07, 2026; Notice No. 20261007-20 dated October 07, 2026
- NSE approval: Letter Ref. NSE/LIST/57825 dated October 07, 2026 (Symbol: MICEL)
This disclosure serves as a continuation of the company's previous intimation dated September 04, 2026 regarding the allotment of equity shares on a preferential basis.
The document was digitally signed by Lakshmi Sowjanya Alla, Company Secretary & Compliance Officer of MIC Electronics Limited, on October 08, 2026 at 10:39:18 IST.