Trading approval received from BSE & NSE for 5,68,73,418 preferential allotment shares

MIC Electronics has received listing and trading approval from BSE and NSE for 5,68,73,418 equity shares allotted on a preferential basis.

Thu 8 Oct 2026

Shares Listed

5,68,73,418 equity shares allotted on a preferential basis

Issue Price

₹41.38/- per share (face value ₹2/-, premium ₹39.38/-)

Paid-up Capital After Issue

₹59,57,69,956/- across 29,78,84,978 equity shares

What the company told the exchanges

MIC Electronics has received listing and trading approval from BSE Limited and the National Stock Exchange of India Limited for 5,68,73,418 equity shares allotted on a preferential basis. The shares have been listed and admitted to dealings on both exchanges with effect from Thursday, October 08, 2026.

Key terms of the allotment

• Type of security: equity shares of face value ₹2/- each, fully paid-up
• Number of shares: 5,68,73,418
• Issue price: ₹41.38/- per share, including a premium of ₹39.38/- per share
• Date of allotment: September 04, 2026
• Distinctive numbers: 241011561 to 297884978
• Lock-in: up to April 14, 2027

Who received the shares and how they were paid for

The allotment was made to non-promoters, being the shareholders of Neo Semi SG Pte. Ltd., Singapore, for consideration other than cash — a swap of shares. In simple terms, these shares were issued in exchange for shares rather than for cash.

What the share capital looks like after the issue

• Paid-up equity share capital after the issue: ₹59,57,69,956/-
• Divided into 29,78,84,978 equity shares of ₹2/- each

What a retail investor can take from this

• These shares have now been listed and admitted to trading on both BSE and NSE, which is the step that follows the allotment of shares.
• The shares carry a lock-in up to April 14, 2027, so the allottees cannot transfer them during that period.
• The shares were issued at ₹41.38/- per share.
• The paid-up equity share capital figure above shows the enlarged share base of the company after this allotment.
• The allottees are non-promoters and are the shareholders of Neo Semi SG Pte. Ltd., Singapore.

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