MIRC Electronics Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

MIRC Electronics' board has approved the unaudited financial results for the quarter ended June 30, 2025. The company reported a total income of ₹141.49 Cr but posted a net loss of ₹12.49 Cr for the quarter, with EPS at ₹(0.54).

Significantly, the board also gave the green light for a preferential issue of up to 8.89 crore equity shares at ₹16.81 each. This move aims to raise approximately ₹149.5 Cr, with major participation from Authum Investment & Infrastructure. Shareholder approval for this capital infusion will be sought at an Extra Ordinary General Meeting on September 6, 2025.