Promoter RRK Enterprise Private Limited sold 5,497,316 shares of MIC Electronics Limited for ₹23.63 Cr at ₹42.98 apiece in an open market transaction, decreasing its stake from 47.18% to 44.90%.
A diversified electronics manufacturer incorporated in 1988, MIC Electronics produces LED lighting products, medical appliances, and components for electric vehicles. The company operates across multiple industrial segments, serving both domestic and international markets. Its business spans residential and commercial lighting solutions, healthcare equipment, and automotive electrification components, positioning it within India's growing renewable energy and EV transition sectors.
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