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Exchange Disseminated Time | MIC Electronics Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : June 16, 2010 Name of the Company : MIC Electronics Ltd Total no of outstanding shares of the Company : 100638275
1. Name of the Entity: Venkata Ramana Rao Maganti
Details of Transaction Date of Transaction : May 29, 2010 Number of Shares pledged : 2,70,000*
Aggregate details after the transaction Total no of shares held by the entity in the company: 3,09,99,433 Total No of shares pledged : 2,44,13,993 % of total shares pledged to total no of shares held by the entity in the Company: 78.76% % of shares pledged to total no of outstanding shares of the Company : 24.26%
2. Name of the Entity : Venkata Ramana Rao Maganti
Details of Transaction Date of Transaction : June 05, 2010 Number of Shares Pledged : 25,00,000
Aggregate details after the transaction Total no of shares held by the entity in the company: 3,09,99,433 Total No of shares pledged : 2,69,13,993 % of total shares pledged to total no of shares held by the entity in the Company : 86.82% % of shares pledged to total no of outstanding shares of the Company : 26.74%
3. Name of the Entity : Venkata Ramana Rao Maganti
Details of Transaction Date of Transaction : June 07, 2010 Number of Shares Pledged : 3,60,000
Aggregate details after the transaction Total no of shares held by the entity in the company : 3,09,99,433 Total No of shares pledged : 2,72,73,993 % of total shares pledged to total no of shares held by the entity in the Company : 87.98% % of shares pledged to total no of outstanding shares of the Company : 27.10%
4. Name of the Entity : Venkata Ramana Rao Maganti
Details of Transaction Date of Transaction : June 10, 2010 Number of Shares pledged : 15,00,000*
Aggregate details after the transaction Total no of shares held by the entity in the company: 3,09,99,433 Total No of shares pledged : 2,57,73,993 % of total shares pledged to total no of shares held by the entity in the Company : 83.14% % of shares pledged to total no of outstanding shares of the Company : 25.61%
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