MIRC Electronics Limited has informed the Exchange that Record date for the purpose of Rights is 30-Jun-2025.
MIRCELECTR · price
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MIRC Electronics (makers of Onida) has revised the record date for its upcoming rights issue to Monday, June 30, 2025 (earlier fixed as June 27, 2025). The company plans to issue up to 4.94 crore fully paid-up equity shares with a face value of Re. 1 each at Rs. 10 per share (including Rs. 9 premium), aggregating up to around Rs. 49.49 crore. Eligible shareholders will receive 3 rights shares for every 14 equity shares they hold as on the record date. The revision has been made to determine which shareholders are entitled to receive the Rights Entitlement in the issue.
Shareholders on the books as of June 30, 2025 will be eligible for the rights entitlement. Non-participating shareholders may see their stake diluted. The price and ratio details are now confirmed for investors to evaluate participation.