Corporate Announcement
Security Code : 500279    Company : MIRCELECTR    
 
Outcome of Rights Issue Committee Meeting 
  Exchange Disseminated Time     
Mirc Electronics Ltd has informed BSE that the Rights Issue Committee of the Company has allotted 5,44,82,524 Equity Shares of face value of Re. 1 per equity share for cash at a price of Rs. 6 per Equity Share (including a premium of Rs. 5 per Equity Share) to the successful applicants in the Rights Issue of the Company, in accordance with the basis of allotment as finalised by the Company, the Lead Manager being Inga Capital Private Limited and the Registrar to the Issue being Link Intime India Private Limited, in consultation with the Designated Stock Exchange on October 22, 2014.

Consequently, the paid up equity share capital of the Company now stands increased from Rs. 14,17,51,678/ - to Rs. 19,62,34,202/-
 

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