MIRC Electronics Limited — QIP/Rights/Pref., 22-07-2025: Allotment of Securities

MIRC Electronics has allotted 3,000 unlisted, secured, redeemable Non-Convertible Debentures (NCDs) via private placement. Valued at Rs. 1 lakh per NCD, the issue to Neo Income Plus Fund has injected Rs. 30 Crore into the company. With a 36-month tenure, this strategic capital raise strengthens MIRC's financials, providing crucial funding without diluting existing equity. A key update for investors.