MIRC Electronics Limited — Important, 08-07-2025: General Updates

MIRC Electronics Limited has announced a rights issue of 4.95 Cr equity shares at ₹10/share (including ₹9 premium) in the ratio of 3 shares for every 14 held. The issue aims to raise approx ₹49.49 Cr net of issue expenses, primarily for general corporate purposes. Promoters have committed to fully subscribe their entitlements without renunciation outside the promoter group. Rights entitlement credits and allotments will be in demat form only, and shareholders in physical form must convert or provide demat details before applying. Trading/renunciation of rights entitlements will be allowed on stock exchanges during the offer period.