MIC Electronics logo

MIC Electronics share news and announcements

NSE: MICELBSE: 532850Industrial ProductsSmall Cap

Last close ₹37.32down ₹1.96 (4.99%)BSE ₹37.38

Share price at the NSE close on 23 Oct 2026. Previous close ₹39.28.

52-week range of traded prices to 23 Oct 2026
₹29.97Low, 30 Mar 2026₹58.69High, 27 Oct 2025
Market cap
₹1,112 Cr1,501st largest listed
P/E
Lossover the last 12 months
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
−5.5%
ROCE
8.3%
Debt to equity
0.20
Volume, NSE
2,82,190

MIC Electronics share news and announcements

1,446 announcements, routine notices left out, newest first. Page 29 of 29.

  1. Jan 2009

    • 29 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 6807 lacs for quarter ending on 31-DEC-2008 against Rs. 7560 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 1715 lacs for the quarter ending on 31-DEC-2008 against Rs. 2344 lacs for the quarter ending on 30-SEP-2008.
    • 20 Jan · Board meeting

      Meeting on 29 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
  2. Dec 2008

    • 29 Dec · Meeting

      Outcome of the Annual General Meeting (AGM) of the Company held on December 27, 2008, as follows: (1) Adopted audited Balance Sheet for the financial year ended June 30, 2008, Profit & Loss Account for the period ended on that date and the Reports of the Board of Directors and Auditors thereon. (2) Declared Dividend @ Rs. 0.40 for each fully paid Equity Share of Rs. 2 each for the financial year ended June 30, 2008. (3) Re-appointed Shri Nimmagadda Srinivasa Rao as a Director eligible for retire by rotation. (4) Re-appointed Shri Yarlagadda Harishchandra Prasad as a Director eligible for retire by rotation. (5) Re-appointed Shri Atluri Venkataram as a Director eligible for retire by rotation. (6) Re-appointed M/s Pinnamaneni & Co., Chartered Accountants as Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of next Annual General Meeting of the Company, at a remuneration to be decided by the Board of Directors. (7) Appointed Shri Shrikant P Joshi as Executive Director.
  3. Nov 2008

    • 21 Nov · Updates

      Company has changed the e-mail ID for Investor Grievance as [email protected].
    • 19 Nov · Meeting

      Outcome of the Board of Directors Meeting held on November 19, 2008 as below: -1) Board recommended 20% dividend for the financial year ended on June 30, 2008; 2) Register of members will be closed from December 24, 2008 to December 27, 2008; 3) Annual General Meeting of the company is called to be held on December 27, 2008; 4) Accepted Resignation of Mr. Prasanna Lakshmi Polineni as Company Secretary of the company and relieved from the charge; 5) Appointed Mr. Vasudeva Rao Devaki as Company Secretary and Compliance Officer of the Company; 6) Appointed Mr. Shrikant P Joshi as Executive Director of the Company.
    • 17 Nov · Management

      Appointment of Mr. Srikant P Joshi as CEO of the Company effective from November 13, 2008. 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). For more details click here.
    • 12 Nov · Board meeting

      (a) to consider and approve the Annual Accounts for the year ending June 30, 2008. (b) to consider and recommend the dividend for the financial year ending on June 30, 2008, if any.
  4. Oct 2008

    • 31 Oct · Business

      Press release titled "MIC tie up with CERACCHI Italy" and "MIC's Cherlapally unit commissioned". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 20 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 9877 lacs for quarter ending on 30-SEP-2008 against Rs. 9301 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 2556 lacs for the quarter ending on 30-SEP-2008 against Rs. 2534 lacs for the quarter ending on 30-JUN-2008.
    • 20 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 7560 lacs for quarter ending on 30-SEP-2008 against Rs. 8141 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 2344 lacs for the quarter ending on 30-SEP-2008 against Rs. 2365 lacs for the quarter ending on 30-JUN-2008.
    • 13 Oct · Board meeting

      Meeting on 20 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  5. Sep 2008

    • 15 Sep · Change in Registrar & Share Transfer Agent

      Registrar and Share Transfer Agent of the Company have been changed from M/s Intime Spectrum Registry Limited to M/s Venture Capital and corporate Investments Private Limited effective from September 22, 2008. The address and contact details of new Registrar and Share Transfer Agent: M/s Venture Capital and Corporate Investments Private Limited; H.No:12-10-167, Bharat Nagar, Hyderabad-500018, Tel:040-23818475/476, Fax:040-23868024, Email:[email protected].
  6. Aug 2008

    • 13 Aug · Business

      Press release dated August 13, 2008, titled "MIC goes to South America". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  7. Jul 2008

    • 28 Jul · Allotment

      Board of Directors at its Meeting held on July 28, 2008: 1) Allotted 17481725 Preferential Convertible share warrants pursuant to the approval from Members meeting held on June 14, 2008 and also in-principle approval from the stock exchanges.
    • 18 Jul · Board meeting

      To consider and to decide inter-alia Un-audited Quarterly financial results for the quarter ended on June 30, 2008 and Allotment of Preferential issue of convertible share warrants.
  8. Jun 2008

    • 16 Jun · Meeting

      Board of Directors of the Company, in their meeting held on May 19, 2008, had approved a split in the face value of the equity share from Rs10/- each to Rs.2/- each . Pursuant to this, an Extra-ordinary General Meeting of the members of the Company has been called, convened and held on June 14, 2008 and at the said meeting the members have passed unanimously the required resolutions as ordinary resolutions. The Company has submitted a copy of the resolution passed at Extra-Ordinary General Meeting of the members of the Company held on June 14, 2008. The copy 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). For more details click here.
    • 16 Jun · Corporate action

      The Board of Directors of the Company, in their meeting held on May 19, 2008, had approved a split in the face value of the equity share from Rs10/- each to Rs.2/- each . Pursuant to this, an Extra-ordinary General Meeting of the members of the Company has been called, convened and held on June 14, 2008 and at the said meeting the members have passed unanimously the required resolutions as ordinary resolutions. The Board of Directors had at their meeting held on June 14, 2008 for the purpose of fixing the Record Date, decided the July 7, 2008 as Record Date for the purpose of sub-division of face value of the equity share from Rs.10/- each into five equity shares of face value of Rs.2/- each.
    • 16 Jun · Meeting

      Shareholders of the Company at the Extraordinary General Meeting held on June 14, 2008 has approved unanimously the following as Ordinary Resolutions:- (1) The Sub-division of face value of equity share of the Company of Rs.10/- each into five equity shares of face value of Rs.2/- each. (2) The Amendment to the Capital Clause of the Memorandum of Association of the Company consequent to above sub-division.
    • 5 Jun · Updates

      The Andhra Pradesh Industrial Infrastructure Corporation Limited (a wholly owned undertaking of Government of Andhra Pradesh) has developed a SEZ under the title Fab City SPV (India) Limited, which is situated around 5kms. from new airport at Shamshabad, and 22kms. from Hyderabad for promoting Semi-conductor industries. At the request made by us for setting up of manufacturing unit for LED True Colour Displays, LED Lighting solutions and Solar based LED Lighting products, M/s APIIC allocated, 50 acres of land on lease basis in this SEZ to MIC Electronics Limited vide their letter no. 2043/PM(IPU)/APIIC/2008 dated 2nd June, 2008. MIC Electronics Limited is planning to proceed with construction in this site immediately after completing the documentation work
  9. May 2008

    • 22 May · Meeting

      Notice of an Extra-Ordinary General Meeting of the members of the Company will be held on June 14, 2008. A copy 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). For more details click here.
    • 20 May · Meeting

      Shareholders of the Company at the Extraordinary General Meeting held on May 19, 2008, approved unanimously as an Ordinary Resolution, the re-appointment of Dr. M.V. Ramana Rao as the Chairman and Managing Director of the Company for a period of 5 years.
    • 20 May · Board meeting

      Board of Directors at their meeting held on May 19, 2008 inter-alia considered and approved the sub-division of 3,00,00,000 equity shares of Rs. 10/- each of the Company comprised in its Authorised Share Capital into 15,00,00,000 Equity Shares of Rs. 2/- each. The Board also decided to convene an Extra-ordinary General Meeting of the members of the Company on June 14, 2008 to secure consent of the members for the above sub-divisions of equity shares.
    • 9 May · Board meeting

      To consider and to decide the sub-division of face value of an equity share of Rs.10/- each of the company into 5 equity shares of Rs.2/- each and amendment of Capital clause of Memorandum of Association consequent to subdivision of shares, subject to the approval of shareholders.
    • 2 May · Meeting

      Notice of the Extra-Ordinary General Meeting of the members of the Company which will be held on May 19, 2008. A copy 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). For more details click here.
  10. Apr 2008

    • 25 Apr · Board meeting

      Board of Directors at their meeting held on April 25, 2008 approved the following: (1) Re-appointment of Dr. M.V. Ramana Rao as Chairman & Managing Director of the Company subject to the approval of the members of the Company. (2) To Call Extra-Ordinary General Meeting of the Members of the Company on May 19, 2008 at the registered office of the Company. (3) Took note of the resignation of Mr. Mangi Lal Kalani as Director of the Company.
    • 25 Apr · Utilisation of Funds

      Statement showing utilisation of IPO funds as on March 31, 2008. 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). For more details click here.
    • 23 Apr · Updates

      MIC Electronics Inc. USA, 100% subsidiary of MIC Electronics Ltd, Hyderabad, India and Latin America Futbol Corporation, USA have joined forces to create a Joint Venture company called "Sports LED Media" (SLM). The venture was created to enter into the Lucrative LED market focusing on sports stadiums across the globe. Sports LED Media will immediately leverage the large teams from the parent companies to focus on Sales & Marketing, Customer Support, R&D and Manufacturing which is located in India, and coverage in both the USA and Latin America with expansion plans for Europe. The new company will initially focus on the soccer market in both Europe and Latin America by providing top of the line LED perimeter boards to top professional soccer teams. 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). For more details click here.
    • 16 Apr · Board meeting

      To consider, inter-alia, the following: (1) The approval of Un-audited Financial Results for the 3rd quarter ended March 31, 2008. (2) The approval of re-appointment of Dr. M. V. Ramana Rao as Managing Director of the Company.
  11. Mar 2008

    • 28 Mar · Updates

      1) MIC Electronics Ltd. has received an order and license from Delhi Metro Rail Corporation for installation and maintenance of 25 nos. of full color day and night LED Video display boards at 8 metro stations of line-3 worth Rs.45 Crores, to be installed in the next six months. These LED displays will be networked and controlled from a single location and are first of its kind for Indian Railways. 2) MIC Electronics Ltd. and InfoSTEP Inc.(Subsidiary of MIC Electronics Ltd..) has jointly developed a Global digital Billboard exchange solution, GLOBIX. The GLOBIX solution facilitates clients to reach out to most optimal Out-of-home (OOH) advertisement locations to target brand advertising. The billboard owners will be able to optimize the utilization of their advertisement space. This solution opens up opportunity for small businesses and consumers to advertise on billboards on demand across the globe. GLOBIX will be launched with an initial database of all MIC's digital billboard locations starting with Delhi Metro Rail stations at New Delhi. The total market potential of OOH advertising is projected to be more than INR 17.5 billion over next 3 years. GLOBIX will allow MIC to play a key role in this market. 3) Maave Electronics Pvt Ltd (Wholly owned Subsidiary of MIC Electronics Ltd..) has received orders from different Zonal Divisions of Indian Railways along with the Coach factories for the supply of approx. 20000 nos of Coach Emergency LED Lamps worth above Rs 8 Crores. 4) MIC Electronics Inc. (Wholly owned USA subsidiary of MIC Electronics Ltd..) and LEDSTAR of Canada have entered into a strategic partnership to deploy Intelligent Transportation Systems (ITS) and LED single/ full colour Variable Message Signs (VMS) . The partnership enables MIC Electronics to address the rapidly growing ITS/VMS market in India. 5) MIC Electronics Inc. received its first order from GMR Expressways Private Limited, India for LED Variable Message Signs (VMS) for highway projects in Andhra Pradesh & Tamil Nadu. The order size is Rupees eight Crores (Approx. USD 2 Million).
    • 26 Mar · Management

      Mr. Mangi Lal Kalani, Director, has intimated the Company vide letter dated 21st March 2008 that he is resigning as Director of the Company with immediate effect
  12. Jan 2008

    • 24 Jan · Utilisation of Funds

      Statement showing utilisation of IPO funds as on December 31, 2007. 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). For more details click here.
    • 24 Jan · Management

      Vide its letter dated January 22, 2008 that the Board of Directors at their meeting held on today approved the following: Took note of Resignation of Mrs. G. Bhargavi Reddy, as Company Secretary and Appointment of Miss. P. Prasanna Lakshmi, ACS, as Company Secretary and Compliance Officer of the Company with effect from January 20, 2008.
    • 15 Jan · Board meeting

      Meeting on 22 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
    • 14 Jan · Board meeting

      Vide its letter dated January 12, 2008, that: "At the Board Meeting of the Company held today, the Board approved the following: 1) The Board noted the ineligibility of some of the proposed allottees of share warrants (proposed in the explanatory statement to the Extraordinary General Meeting held on 5th January 2008), as some of them are not in compliance with the SEBI Guidelines such as not holding their shares in Demat mode etc. The Board has revised and approved the final list of eligible allottees to the proposed issue of share warrants basing on the powers delegated to the Board by the Members of the Company at their Extraordinary General Meeting held on 5th January 2008. 2) The Board accorded its consent to the Company for setting-up of subsidiary companies in Singapore and Korea for development and marketing of LED Display and Lighting related products. 3) The Board has considered and approved the acquisition of two companies, up to 51% equity of a Power Electronics Company to strengthen the LED Lighting Products business, and up to 74% equity of an entertainment Company to build LED based Digital Theme Parks".
    • 8 Jan · Meeting

      Outcome of the Extraordinary General Meeting of the company held on January 05, 2008. Further in this connection company has submitted to the Exchange a copy of the resolution passed by the members of the Company for issue of shares/warrants on preferential basis along with the modified explanatory statement. The details of the outcome and resolution passed at EGM shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 8 Jan · Board meeting

      To consider the following matters: (1) To grant leave of Absence. (2) To confirm the minutes of the previous board meeting. (3) To discuss the matter of insufficient subscription by the proposed allottees and to authorize the new identified allottees for subscription of share warrants. (4) To discuss the matter of appointment of Independent Director/Chief Financial Officer of MIC Electronics Limited on the Board of Directors of Subsidiary Companies. (5) To authorize the matter of setting up of Subsidiary companies in Singapore, China, Taiwan, Korea and South Africa/Kenya. (6) To authorize the Company for setting up of Separate Business Units (SBUs) for: (a) Digital Display Rental Business. (b) Digital Bill Board Infrastructure. (c) LED Lighting (grid & off grid) on Build-Operate-Transfer model. (7) Finalization of acquisition of two Companies. (8) To discuss any other matter with the permission of the Chair.
  13. Dec 2007

    • 24 Dec · Meeting

      The Shareholders of the Company at the 19th Annual General Meeting (AGM) of the Company held on December 22, 2007, inter alia, have approved the following business: 1) Adoption of audited Balance Sheet as at June 30, 2007, Profit and Loss Account for the period ended on that date and the reports of the Board of Directors and Auditors thereon. 2) Declaration of Dividend @ Rs. 2 for each fully paid Equity Share of Rs. 10 each. 3) Re-appointment of Shri.L.N.Malleswara Rao, Shri.U.Ramakrishna, Shri.Anil Goyal and Shri. Mangilal Kalani as directors retire by rotation. 4) Appointment of M/s.Pinnamaneni & Co., Chartered Accountants as auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of next Annual General Meeting of the Company, at a remuneration to be declared by the Board of Directors. 5) Alteration of Articles of Association of the Company in regards to payment of sitting fee
    • 17 Dec · Meeting

      Notice of Extra Ordinary General Meeting to be held on 5th January, 2008. The copy 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). For more details click here.
    • 13 Dec · Board meeting

      Board of Directors at their meeting held on December 13, 2007 approved for increase of Authorised Capital and issue of Share warrants subject the approval of shareholders in the Extra Ordinary General Meeting.
    • 10 Dec · Board meeting

      MIC Electronics had informed the Exchange regarding the Board meeting to be held on December 15, 2007 to consider preferential issue of Share Warrants to part finance the capital expenditure programme undertaken by the Company and to discuss any other matter with permission of the Chairman. The Company has now informed the Exchange that a meeting of the Board of Directors of the company is preponed to December 13, 2007 to consider preferential issue of Share Warrants to part finance the capital expenditure programme undertaken by the Company and to discuss any other matters with permission of the Chairman.
    • 7 Dec · Board meeting

      To consider preferential issue of Share Warrants to part finance the capital expenditure programme undertaken by the Company and to discuss any other matter with permission of the Chairman.
  14. Nov 2007

    • 30 Nov · Meeting

      Annual General Meeting of the Company will be held on December 22, 2007. The Company has further informed that Register of Members and Share Transfer Books of the Company shall remain closed from December 18, 2007 to December 22, 2007 (both days inclusive) for the ensuing Annual General Meeting of the company and payment of final dividend if approved at the aforesaid Annual General Meeting.
  15. Oct 2007

    • 30 Oct · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30, 2007 (taken on record by the Board of the directors of the Company at its meeting held on October 23, 2007) regarding statement showing utilisation of IPO funds as on September 30, 2007. 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). For more details click here.
    • 15 Oct · Board meeting

      To consider the following items: 1) To consider and approve the Unaudited Financial Results for the first quarter ended September 30, 2007. 2) To consider and approve the Annual accounts for the year ended June 30, 2007 and to determine dates of book closure. 3) To consider and approve the 19th directors' report and date & venue for the 19th annual general meeting. 4) To approve for payment of sitting fee to the Independent Directors. 5) To approve for making investment under section 372A of the Companies Act, 1956 in the bodies corporate. 6) To approve for opening a 100% Subsidiary Company in Dubai and USA. 7) To discuss about the acquisition of Visible Display Corporation and Mobile View LLC. 8) To discuss about the establishment of power LED/Chip and Luminaries manufacturing in collaboration with the companies established in US/Japan/Taiwan. 9) To discuss about the other possibe acquisitions for supporting LED Lighting Business. 10) To discuss any other item with the permission of chairman.
  16. Jul 2007

    • 24 Jul · Dividend

      Board, at its meeting held on July 24, 2007 has recommended a dividend @ 20% on equity share capital for the year 2006-2007 subject to the approval of share holders in the annual general meeting.
    • 18 Jul · Board meeting

      To consider the following items: 1) To consider the Unaudited financial results of the Company for the quarter and year ended June 30, 2007. 2) To consider the Unaudited Consolidated Financial Results of the Company for the quarter ended on June 30, 2007. 3) To recommend Dividend. 4) To discuss any other matter with the permission of the Chairman.