Corporate Announcement
Security Code : 532850    Company : MICEL    
 
Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997Download PDF
  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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