A meeting of the Board of Directors of MIC Electronics Ltd will be held on September 30, 2015, to consider and approve conversion of Preferential Convertible Equity Share Warrants into equity shares in 1:1 ratio to promoters and investors being a part of 74,462,070 Preferential Convertible Equity Share warrants allotted on November 25, 2014 to promoters and investors.
Shares of MIC ELECTRONICS LTD. was last trading in BSE at Rs.21.6 as compared to the previous close of Rs. 21.3. The total number of shares traded during the day was 94430 in over 331 trades.
The stock hit an intraday high of Rs. 21.9 and intraday low of 21.2. The net turnover during the day was Rs. 2040855.