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MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
MIC Electronics has incorporated MIC Defence Systems Private Limited, a new wholly-owned subsidiary. This entity will focus on defence electronics, aerospace, and cyber security solutions, with an authorized share capital of ₹0.1 Cr, signaling an expansion into the defence sector.
MIC Electronics received completion certificates for installing coach indicator boards, guidance boards, GPS clocks, and a Parcel Management System across Rajkot and Jabalpur Divisions. This signifies successful project execution and operational progress.
MIC Electronics is making good progress on its IPIS v2.0 project for Indian Railways. Product architecture is established, with teams developing hardware, firmware, and NMS software. The program is on track towards product realization and delivery.
MIC Electronics Limited (MICEL) has made several key announcements following its board meeting on March 30, 2026, outlining strategic shifts and internal restructuring: **1. Major Strategic Acquisition: Neo Semi SG Pte. Ltd.** * **Issue:** MICEL is acquiring 89.65% (71,72,090 shares) of Singapore-based deep-tech firm Neo Semi SG. The total consideration...
MICEL acquires 89.65% of Singapore's Neo Semi SG (semiconductor, AI) for ₹357.60 Cr (cash + 5.68 Cr shares), integrating into a tech ecosystem. It also restructures, hiving off Lighting & Medical divisions to its MICK Digital subsidiary for ₹8 Cr, streamlining operations.