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Wednesday, May 11, 2011

MIC Electronics Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

MIC Electronics Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : May 11, 2011
Name of the Company : MIC Electronics Ltd
Total no of outstanding shares of the Company : 102498275

Name of the Entity: Venkata Ramana Rao Maganti

Details of Transaction
Date of Transaction : April 21, 2011
Number of Shares pledged : 40,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 2,31,29,591
Total No of shares pledged : 1,96,24,852
% of total shares pledged to total no of shares held by the entity in the Company: 84.85%
% of shares pledged to total no of outstanding shares of the Company : 19.15%Read More

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