MIRC Electronics Limited — Important, 01-08-2025: Updates
01-08-2025 | 03:20 pm
01-08-2025 | 03:20 pm
MIRC Electronics' Rights Issue Committee has approved the allotment of 4.95 crore fully paid-up equity shares at Rs. 10 each. This completes the capital raise previously announced for up to Rs. 50 crore, bringing in approximately Rs. 49.49 crore. This significant capital infusion boosts the company's financial strength. Post-allotment, the fully paid-up equity share capital has increased from Rs. 23.09 crore to Rs. 28.04 crore, enhancing the balance sheet for future operational changes or business developments.
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