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MIRC Electronics Limited ( (IN:MIRCELECTR) ) has issued an announcement.
MIRC Electronics Limited has announced the successful allotment of 49,489,845 equity shares as part of its rights issue, raising a total of Rs. 50 crores. This move increases the company’s equity share capital significantly, positioning it to potentially enhance its market operations and strengthen its financial standing.
More about MIRC Electronics Limited
MIRC Electronics Limited operates in the electronics industry, primarily focusing on the production and sale of consumer electronics under the brand name Onida. The company is based in Mumbai, India, and is known for its range of products including televisions, air conditioners, washing machines, and other home appliances.
Average Trading Volume: 166,375
Technical Sentiment Signal: Sell
Current Market Cap: 4.39B INR
See more insights into MIRCELECTR stock on TipRanks’ Stock Analysis page.