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MIC Electronics gets nod to raise funds up to Rs 90 crore through QIP

07 Sep 2023 Evaluate

MIC Electronics has received approval to raise funds up to Rs 90 crore through Qualified Institutions Placement (QIP) or private offerings or any combination thereof. The Board of Directors of the Company at its meeting held on September 06, 2023 inter-alia, approved the same.

MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.

Peers
Company Name CMP
Waaree Energies 2544.00
Apar Industries 14666.25
Havells India 1160.00
Suzlon Energy 38.25
Siemens 3658.90
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