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| Exchange Disseminated Time 30/09/2015 19:11:23 | MIC Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 30, 2015, has considered the following:
1. Issued and Allotted 2,70,87,070, (Two Crores Seventy lakhs Eighty Seven thousand and Seventy) equity shares by conversion of Preferential Convertible Equity Share Warrants to the below promoters and investors in 1:1 ratio.
2. Appointment of Shri Kakarala Siva Lakshmana Rao as Financial Advisor to advise Board of Directors and Management. |
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