MIRC Electronics Limited — QIP/Rights/Pref., 01-08-2025: Allotment of Securities
01-08-2025 | 03:25 pm
01-08-2025 | 03:25 pm
MIRC Electronics has successfully allotted 4,94,89,845 fully paid-up Equity Shares at Rs. 10 each (Re. 1 face value + Rs. 9 premium) to eligible applicants via a rights issue. This move has injected approximately Rs. 49.49 Cr into the company, significantly boosting its financial resources. Consequently, the company's total number of outstanding equity shares has increased from 23,09,52,619 to 28,04,42,464. This expanded share base and capital infusion aim to support future growth and operations.
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