MIC Electronics concludes divestment of 100% stake in Maave Electronics

MIC Electronics Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 532850 | NSE: MICEL

18 May 2015 Evaluate

MIC Electronics has concluded the divestment of 100% stake in Maave Electronics as on January 01, 2015. The board of directors at their meeting held on May 16, 2015 has taken the note of it.

MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays and Lighting Products. Recognized by the Department of Scientific and Industrial Research for its LED technology, MIC has been at the forefront of LED Applications for more than 25 years and acknowledged as the market share leader for Indian LED products.

Peers

Company Name	CMP
Waaree Energies	2627.50
Apar Industries	17496.15
Havells India	1114.80
Suzlon Energy	44.16
Siemens	3960.90
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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