MIC Electronics Share Price

Quarterly Results Inter-alia, the following items of business: a) To take note and approve the resignation of Mr Srikanth Reddy Kolli from the position of Company Secretary & Compliance Officer of the Company w.e.f. February 14, 2023. b) To consider the appointment of Mr M S Sivanand holding CS membership no. 10822 as a Company Secretary & Compliance Officer of the Company w.e.f. February 15, 2023.

Audited Results

Inter-alia, to transact the following item(s) of business: a). To take note of Annual Disclosures submitted by the Directors, KMPs and Senior Management under the Companies Act, 2013 and Listing Agreement including the declarations from the Independent Directors for the financial year 2022-23 b). To consider and recommend for the approval of members of the Company, the proposal to sell or otherwise dispose of the whole of the undertaking of the Company situated at A-4/II, Electronic Complex, Kushaiguda, Hyderabad ? 500 062, Telangana. c). To consider and approve the Postal Ballot Notice. d). To appoint the Scrutinizer for conducting the Postal Ballot in a fair and transparent manner

Inter-alia, to transact the following item(s) of business: a). To consider the allotment of 16,63,82,343 (Sixteen Crores Sixty Three Lakhs Eighty Two Thousand Three Hundred and Forty Three) Equity Shares of ? 2/- (Rupees Two Only) each [consisting of 16,51,90,319 (Sixteen Crores Fifty One Lakhs Ninety Thousand Three Hundred and Nineteen) Equity Shares of ? 2/- (Rupees Two Only) each and 11,92,024 (Eleven Lakhs Ninety Two Thousand and Twenty Four) Equity Shares of ? 2/- (Rupees Two Only) each of the Company] on a preferential basis to the new promoters (Resolution Applicants) and to the non-promoters (Strategic Investors) in compliance with the implementation of the Resolution Plan approved by the Hon?ble NCLT, Hyderabad bench under IBC and based on the in-approvals received from the stock exchanges (BSE & NSE) on March 15, 2022.

Inter alia, to consider and approve : a) To consider the appointment of Mr Srinivas Rao Kolli (DIN: 07980993) as Additional Director in the Independent director category. b) To consider the appointment of Mrs Venkata Naga Lavanya Kandala (DIN: 07891405) as Additional Director in the Independent director category. c) To re-constitute the committees of the Board of Directors. d) To consider the proposal of investment by way of subscribing 10,50,000 equity shares of M/s. Right Automobiles Private Limited. e) To consider the proposal for shifting the registered office of the Company to the Company Plant located at Plot No. 192/B, Phase-II, IDA, Cherlapally, Hyderabad ? 500051, Telangana, which is within local limits of the Same City/ Town/ Village, for operational convenience. f) To consider the proposal of appointing Mr Kaushik Yalamanchili, Managing Director of the Company as a Chairman of the Board of Directors of the Company.

Quarterly Results & Preferential Issue of shares & Inter alia, to consider and approve a) Consider and approve the Un-audited Financial Results of the Company for the quarter and nine months ended December 31, 2021. b) Consider Limited Review Report of Statutory Auditors for the quarter and nine months ended on December 31, 2021. c) Consider the issue & allotment of Equity Shares on a preferential basis to the new promoters (Resolution Applicants) and strategic investor, in compliance with the implementation of the Resolution Plan approved by the Hon?ble NCLT, Hyderabad bench. d) Consider the appointment of Mr Srinivasan Arunachalam as Chief Executive Officer (CEO) of the Company.

Quarterly Results & Inter alia, to c) Consider the appointment of Internal Auditors for the FY 2021-22. d) Recommend the appointment of new Statutory Auditors in place of retiring Statutory Auditors for the approval of members at the ensuing AGM. e) Consider the proposal of investment by way of acquisition of equity shares of M/s. Pastiche Energy Solutions Private Limited whose line of business is manufacturing all kinds of batteries. f) Consider and approve the Boards? Report with annexures for the FY 2020-21. g) Fix the date of 33rd Annual General Meeting of the Company and approve the Notice of AGM for the FY 2020-21. h) Appoint the Scrutinizer for 33rd AGM of the Company.

Inter-alia, to transact the following items of business: 1. Appointment of Managing Director of the Company; 2. Appointment of Chief Financial Officer of the Company; 3. Appointment of Company Secretary & Compliance Officer of the Company; and 4. Appointment of Secretarial Auditor of the Company for the FY 2020-21 and 2021-22 to fill the casual vacancy caused due to the demise of the erstwhile Secretarial Auditor of the Company.

Quarterly Results

Reduction of Capital & Audited Results