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Exchange Disseminated Time | MIC Electronics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 25, 2015, to consider and approve conversion of Preferential Convertible Equity Share Warrants into equity shares in 1:1 ratio to promoters and investors a part of 74,462,070 Preferential Convertible Equity Share warrants allotted on November 25, 2014 to promoters and investors as per In-principle approvals from Bombay Stock Exchange Limited through Letter dated August 21, 2014 and National Stock Exchange of India Limited through letter dated November 12, 2014 respectively. |
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