MIC Electronics (MIC) has completed the investment by way of subscribing towards 10,40,300 equity shares of Bikewo Green Tech (formerly known as Right Automobiles) (Bikewo). Bikewo has completed the allotment of 10,40,300 equity shares to MIC on March 30, 2022 and thereby MIC is holding 50.99% paid-up share capital and management control of Bikewo. MIC investment value in Bikewo is Rs 3.33 crore.
MIC Electronics (MIC) is an India-based company. The company is engaged in manufacturing light emitting diode (LED) lighting solutions. The Company is engaged in the development, production and sale of video and animation displays and text and graphic displays.
