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 01, 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 21, 2010
Number of Shares pledged : 265,000

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 : 2,71,58,993
% of total shares pledged to total no of shares held by the entity in the Company: 87.61%
% of shares pledged to total no of outstanding shares of the Company : 26.99%

2. Name of the Entity : Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : May 22, 2010
Number of Shares Pledged : 21,50,000*

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 : 2,50,08,993
% of total shares pledged to total no of shares held by the entity in the Company : 80.68%
% of shares pledged to total no of outstanding shares of the Company : 24.85%

3. Name of the Entity : Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : May 22, 2010
Number of Shares Pledged : 1,00,000

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 : 2,51,08,993
% of total shares pledged to total no of shares held by the entity in the Company : 81.00%
% of shares pledged to total no of outstanding shares of the Company : 24.95%

4. Name of the Entity : Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : May 24, 2010
Number of Shares pledged : 17,00,000

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 : 2,68,08,993
% of total shares pledged to total no of shares held by the entity in the Company : 86.48%
% of shares pledged to total no of outstanding shares of the Company : 26.64%

5. Name of the Entity : Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : May 25, 2010
Number of Shares Pledged : 1,25,000

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 : 2,69,33,993
% of total shares pledged to total no of shares held by the entity in the Company : 86.89%
% of shares pledged to total no of outstanding shares of the Company : 26.76%

6. Name of the Entity : Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : May 28, 2010
Number of Shares Pledged : 23,00,000*

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 : 2,46,33,993
% of total shares pledged to total no of shares held by the entity in the Company : 79.46%
% of shares pledged to total no of outstanding shares of the Company : 24.48%

7. Name of the Entity : Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : May 28, 2010
Number of Shares Pledged : 50,000

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 : 2,46,83,993
% of total shares pledged to total no of shares held by the entity in the Company : 79.63%
% of shares pledged to total no of outstanding shares of the Company : 24.53%

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