MIRC Electronics Limited has informed the Exchange that Record date for the purpose of Rights is 27-Jun-2025.
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MIRC Electronics Limited has fixed Friday, June 27, 2025 as the Record Date for its proposed Rights Issue of equity shares. The purpose of this record date is to determine which shareholders will be eligible to receive the Rights Entitlement in the issue. The intimation has been made to both BSE (Scrip Code: 500279) and NSE (Symbol: MIRCELECTR) under Regulation 42 of SEBI's Listing Obligations and Disclosure Requirements. No details on the rights issue size, price, ratio, or timeline have been disclosed in this filing.
Shareholders who hold MIRC Electronics shares on or before June 27, 2025 will be eligible to participate in the upcoming Rights Issue. A rights issue typically results in some dilution for non-participating shareholders, but offers existing investors a chance to maintain their proportional ownership at the issue price.