Corporate Announcement
Security Code : 532850    Company : MICEL    
 
MIC Electronics Ltd bags multiple orders worth Rs 23.89 Cr. 
  Exchange Disseminated Time     
MIC Electronics Ltd has informed BSE regarding a Press Release dated November 25, 2010 titled " MIC Electronics Ltd bags multiple orders worth Rs 23.89 Cr."

Press Release :

"MIC Electronics Limited, global leader in design, development & manufacturing of LED Lighting and True Color LED Displays systems, announced today that it has signed a definitive agreement with the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for supplying LED Solar Street Lighting Systems worth Rs.6.63 Cr.

MIC bagged orders worth Rs.5.87 Cr from Indian Railways to supply a gamut of True Color LED Display Systems and Emergency LED Lighting solutions.

MIC also bagged orders worth Rs.4.13 Cr for LED Lighting systems and Rs.7.26 Cr for True Color LED Display System from various corporate houses, these orders help MIC to gain entry into big corporate houses and cater all their LED lighting needs.

“We are pleased with the procurement of the new orders as this will help MIC to strengthen and consolidate its position in the domestic market. The demand for LED lighting and Displays is rising and we have the infrastructure and technology to deliver the best in the industry.” says Dr. M V Ramana Rao, Chairman & Managing Director."
 

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