MIC Electronics Ltd to list on May 30, 2007

Bombay Stock Exchange (BSE) has announced that effective from Wednesday, May 30, 2007 the equity shares of MIC Electronics Ltd (Scrip Code: 532850) shall be listed and admitted to dealings on the Exchange in the list of B1 Group.

The equity shares of MIC Electronics Limited (Symbol: MIC) shall be listed in National Stock Exchange (NSE) and traded in the Normal Market segment (Rolling Settlement) in compulsory demat for all investors from May 30, 2007.

The company recently issued shares at a price of Rs. 150 Per share (Face Value of Rs. 10/- and Premium of Rs. 140/-). The issue received overwhelming response from investors with subscription of 50.59 times.

Source : Equity Bulls

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