Corporate Announcement
Security Code : 532850    Company : MICEL    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
MIC Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 25, 2014, has transacted the following:

1. Investments by the Company subject to the provisions of Companies Act, 2013.

2. Buy/sell/Leasing of Property subject to the provisions of Companies Act, 2013.

3. Transferring all claims against 40 Crores Bank Guarantee furnished by Bank of Maharashtra Nashik City Branch in-favour of MIC Electronics Limited to Energy Efficiency Services Limited which is implementation partner of Nashik Municipal Corporation Project.
 

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