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MIRC Electronics Limited ( (IN:MIRCELECTR) ) has provided an update.
MIRC Electronics Limited has informed the exchanges that shareholders, at an extraordinary general meeting held on 16 January 2026, approved a modification to the MIRC Electronics Employee Stock Option Plan 2023, a move that is likely aimed at refining its employee incentivisation framework and potentially improving talent retention and alignment with long-term performance. At the same meeting, investors also cleared the appointment of M M Nissim & Co LLP as statutory auditors to fill the vacancy created by the resignation of ASA & Associates LLP, with the new firm mandated to serve until the conclusion of the next annual general meeting and to conduct the statutory audit for the financial year ending 31 March 2026, reinforcing the company’s financial oversight and regulatory compliance framework.
More about MIRC Electronics Limited
MIRC Electronics Limited, best known for its Onida brand, operates in the consumer electronics and appliances sector, offering products such as televisions, air conditioners and other home electronics to customers across India. The company competes in a highly competitive, price-sensitive market where operational governance, talent retention and financial transparency are crucial to sustaining investor confidence and brand strength.
Average Trading Volume: 155,014
Technical Sentiment Signal: Buy
Current Market Cap: 9.17B INR
See more data about MIRCELECTR stock on TipRanks’ Stock Analysis page.