MIC Electronics Ltd

MIC Electronics announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 1 December 2025.Powered by Capital Market - Live

The board of MIC Electronics at its meeting held on 05 November 2025 has approved raising of funds by way of issuance of securities for cash through qualified institutions placements ('QIPs') or through any other permissible mode and/or combination thereof, for an aggregate amount not exceeding Rs 250 crore. The board also approved raising of funds by way of issuance of Foreign Currency Convertible Bonds (FCCBs) in one or more tranches, provided that the aggregate amount to be raised by issuance of FCCBs shall not exceed USD 15 Million. Powered by Capital Market - Live

MIC Electronics will hold a meeting of the Board of Directors of the Company on 5 November 2025.Powered by Capital Market - Live

The MoU establishes a collaborative framework between Chipex and MIC to jointly develop custom semiconductor solutions aligned with MIC's product roadmap. Through this partnership, MIC aims to enhance product differentiation, performance, and long-term supply stability by using co-developed custom silicon instead of standard components. MIC Electronics specializes in the design, development, and manufacturing of LED video displays as well as high-end electronics and telecommunications products. The company's consolidated net profit fell 15.2% to Rs 1.67 crore in Q1 FY26, compared with Rs 1.97 crore in Q1 FY25. Revenue from operations rose 8.4% YoY to Rs 11.61 crore in Q1 FY26. Powered by Capital Market - Live

MIC Electronics has received Letter of Variations as detailed below: 1. LOA variation received from South East Central Railway for provision of Signalling and Telecom Works in connection with Station Development Works under Amrit Bharat Station Scheme at Nainpur (NIR), Chhindwara (CWA), Seoni (SEY) and Mandlafort (MFR) Stations in Nagpur Division of SECR for an amount of Rs. 82,56,066/- 2. LOA variation received from Northern Railway for provision of passenger amenities (Telecom) and expansion of information system to facilitate Divyangjan and utility shifting in connection with Amrit Bharat station scheme at TKJ, GHNA, MDNR, SZM, PWL, BVH, FDN, BGZ, ROK, PTRD, SMQL, NUR, SNP, JHI, NRW, MSZ STN of Delhi division for an amount of Rs. 33,08,094/- The aggregate value of the said work orders are Rs. 1,15,64,160/-.Powered by Capital Market - Live

Net profit of MIC Electronics rose 1.88% to Rs 2.17 crore in the quarter ended September 2025 as against Rs 2.13 crore during the previous quarter ended September 2024. Sales rose 37.98% to Rs 37.89 crore in the quarter ended September 2025 as against Rs 27.46 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales37.8927.46 38 OPM %10.0613.26 - PBDT3.082.52 22 PBT2.172.13 2 NP2.172.13 2 Powered by Capital Market - Live

MIC Electronics will hold a meeting of the Board of Directors of the Company on 15 October 2025.Powered by Capital Market - Live

The Sambalpur Division order is for shifting of existing coach indication board systems and auto announcement systems at Amrit Bharat stations. The contract is valued at Rs 1.20 crore and will be executed within six months. In addition, the company received an LoA from Integral Coach Factory, Chennai (Northern Railway) for the supply of LED emergency lights worth Rs 56.47 lakh, to be executed within nine months. MIC Electronics specializes in the design, development, and manufacturing of LED video displays as well as high-end electronics and telecommunications products. The company's consolidated net profit fell 15.2% to Rs 1.67 crore in Q1 FY26, compared with Rs 1.97 crore in Q1 FY25. Revenue from operations rose 8.4% YoY to Rs 11.61 crore in Q1 FY26.Powered by Capital Market - Live

MIC Electronics has received a Letter of Acceptances as detailed below: 1. LOA received from Sambalpur Division for Shifting of existing Coach Indication Board Systems and Auto Announcement System at Amrit Bharat stations at SBP, BRGA, BLGR, TIG, KSNG, KBJ, SBPY & MSMD stations of Sambalpur Division for an amount of Rs. 1,19,73,573.30/-. 2. LOA received from Integral Coach Factory, Chennai NORTHERN RLY for LED Emergency Light - RDSO/SPEC/0180/TY-2 for an amount of Rs. 56,47,291.20/-. The aggregate value of the said work orders is Rs. 1,76,20,864.50/-. Powered by Capital Market - Live

MIC Electronics has entered a MOU (Memorandum of Understanding) with Top2 PTE, a Singapore based entity to explore, identify, and finalize a semiconductor partner from Taiwan. The purpose of this MOU is to establish a framework under which 'MIC 'shall engage 'Top2' to explore, identify, and finalize a semiconductor fabrication partner from Taiwan. The objective is to initiate semiconductor wafer production with an monthly target capacity of 25,000 to 30,000 wafers, subject to feasibility, negotiations, and regulatory compliance.Powered by Capital Market - Live