MIRC Electronics rebrands as Onida Electronics Limited

0 min read Updated on 16 Jun 2026, 02:28 AM

Reviewed by

Naman SScanX News Team

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MIRC Electronics Limited is set to change its name to Onida Electronics Limited and its trading symbol to ONIDA, effective June 19, 2026. The National Stock Exchange of India confirmed the update via a circular issued on June 15, 2026. This rebranding aligns the company's corporate identity with its well-known brand.

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MIRC Electronics Limited will rebrand as Onida Electronics Limited, with its trading symbol changing from MIRCELECTR to ONIDA effective June 19, 2026. The National Stock Exchange of India (NSE) issued a circular on June 15, 2026, notifying members of the Exchange about the change in name and symbol. The transition aims to align the company's corporate identity with its brand name.

The circular issued by the NSE outlines the specific changes to the company's listing details. The modification will be implemented across the exchange's systems, ensuring that the new name and symbol are recognized by market participants and investors from the effective date.

The following table details the changes in the company's name and symbol:

Sr. No.	Existing Symbol	New Symbol	Existing Name	New Name
1	MIRCELECTR	ONIDA	MIRC Electronics Limited	Onida Electronics Limited

This circular serves as formal notice to all members of the Exchange regarding the update. The change marks a significant shift in the corporate identity of MIRC Electronics as it moves forward under the Onida brand name in the financial markets.

Historical Stock Returns for MIRC Electronics

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.97%	-0.95%	-8.82%	+60.01%	+158.96%	+129.22%

How will the rebranding to Onida Electronics Limited impact investor perception and trading volume?

What strategic initiatives will accompany the name change to leverage the Onida brand equity?

Will the rebranding lead to any changes in the company's product portfolio or market positioning?

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Onida Electronics EGM approves warrant issue with 99.99% votes

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Reviewed by

Riya DScanX News Team

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Onida Electronics Limited secured shareholder approval for the issuance of convertible warrants on a preferential basis during its Extra-Ordinary General Meeting (EGM) held on June 08, 2026. The special resolution received 99.99% of the valid votes cast, with 228,525,983 shares voting in favour and only 2,106 against. This approval authorizes the company to raise capital through the allotment of warrants to identified investors on a preferential basis.

The meeting was conducted via video conferencing, chaired by Mr. Vijay Mansukhani, Chairman and Managing Director. Mr. Mahesh Darji, Practising Company Secretary of M/s. Nilesh Shah & Associates, served as the Scrutinizer to oversee the voting process. The proceedings adhered to regulations from the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Remote e-voting was facilitated by National Securities Depository Limited (NSDL) for members holding shares as of the cut-off date of June 01, 2026. The remote e-voting period was open from June 05, 2026, to June 07, 2026. Members attending the EGM who had not voted remotely were permitted to cast their votes electronically during the meeting.