Mauritius FII acquires 7.93% stake in MIC Electronics, holding rises to 8.10%

Ownership Changes View source PDF Explain this filing

MICEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹36.08

prior close

₹35.48

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.3% vs market

Other Industrial Products peers, median of 25sector-0.1%-2.0% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 2.0 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.1

15m

-1.1

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.2-2.3-0.1-2.0

Next day

-3.2+0.9-4.1+0.4-3.5

-3.5-0.8-2.8+0.3-3.8

-4.9-0.1-4.9+0.0-5.0

+0.4-1.7+2.2-0.7+1.2

+5.5-4.3+9.8-3.7+9.1

+3.4-7.5+10.9-4.8+8.2

15d

+1.1-3.6+4.7+0.0+1.1

—————

UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Unico Global Opportunities Fund Limited, a Mauritius-based FII, acquired 2,36,16,929 equity shares (7.93%) of MIC Electronics through market purchase on 11-12 April 2025. After the deal, Unico's holding rose to 2,41,16,929 shares or 8.10% of the paid-up capital, up from 0.21% earlier. The acquirer is not part of the promoter group. The transaction was disclosed under SEBI takeover regulations.

Likely market impact

Foreign fund buying a sizeable stake signals rising institutional interest; holding near the 10% disclosure threshold may attract more buying or regulatory scrutiny.