MIRC Electronics Limited — Important, 01-08-2025: Committee Meeting Updates

MIRC Electronics' Rights Issue Committee has approved the allotment of 4.95 crore fully paid-up equity shares at Rs. 10 each to eligible applicants. This allotment completes the fund-raising plan for up to Rs. 50 crore, which the company's Board had previously approved. Following this, the company's total fully paid-up equity share capital has increased from Rs. 23.09 crore to Rs. 28.04 crore. This move boosts the company's capital base, providing funds for its operations and growth initiatives.