MIRC Electronics Limited — QIP/Rights/Pref., 08-07-2025: Allotment of Securities

MIRC Electronics Limited has allotted 3,000 fully paid, unlisted, senior, secured, redeemable non-convertible debentures (NCDs) at a face value of Rs. 1,00,000 each, raising Rs. 30 Cr via private placement to Neo Income Plus Fund. The 36-month tenure debentures carry interest payable monthly as per the trust deed. This infusion strengthens the company’s debt profile without diluting equity. The NCDs are secured by a charge on company assets and are not listed on any stock exchange.