MIRC Electronics Limited has announced the opening of a special window to facilitate transfer and dematerialisation of physical securities, following regulatory guidelines from the Securities and Exchange Board of India (SEBI). The announcement was made through newspaper advertisements published on April 24, 2026.

Regulatory Framework and Timeline

The special window initiative is based on SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. According to the company's communication to stock exchanges, the facility is specifically designed for physical securities that were sold or purchased prior to April 01, 2019.

Publication and Compliance

MIRC Electronics published the notification in two newspapers on Friday, April 24, 2026:

• Financial Express (English Newspaper)
• Navshakti (Marathi Newspaper)

The company communicated this development to both BSE Limited (Scrip Code: 500279) and National Stock Exchange of India Limited (Symbol: MIRCELECTR) in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Special Window Features

The special window facility addresses specific scenarios involving physical securities:

• Transfer deeds executed before April 01, 2019 that were not lodged
• Previously lodged transfer deeds that were rejected, returned, or not attended to due to document deficiencies
• Securities transferred under this window will be mandatorily credited in demat form
• A lock-in period of one year will apply from the date of registration of transfer

Shareholder Assistance

Shareholders seeking to utilize this facility are directed to contact the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, located at C-101, Embassy 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400 083. For additional information, shareholders can email investors@onida.com .

Corporate Authorization

The communication was signed by Vijay Mansukhani, Chairman and Managing Director (DIN: 01041809), and digitally authenticated on April 24, 2026. The company's registered office is located at Onida House, G-1, MIDC, Mahalaxmi Caves Road, Andheri (E), Mumbai - 400 093.

MIRC Electronics has announced a significant corporate decision regarding its Mumbai property assets. The company's board of directors has formally approved plans to either redevelop or sell Onida House, marking a strategic move in the company's property management approach.

Board Decision Details

The board resolution specifically covers the Onida House property located in Mumbai, giving the company flexibility to pursue either redevelopment of the existing structure or an outright sale of the asset. This dual-option approach allows MIRC Electronics to evaluate market conditions and strategic requirements before finalizing the property's future.

Employment Impact Clarification

In a notable clarification accompanying the announcement, MIRC Electronics has explicitly stated that no job cuts will be involved in this property decision. This assurance addresses potential employee concerns about the corporate restructuring and demonstrates the company's commitment to maintaining its workforce during the property transition process.

Strategic Property Management

The decision regarding Onida House represents part of MIRC Electronics' broader approach to optimizing its real estate portfolio. By considering both redevelopment and sale options, the company maintains strategic flexibility while potentially unlocking value from its Mumbai property assets.

This corporate announcement reflects MIRC Electronics' ongoing evaluation of its asset base and operational requirements in the Mumbai market, with the board maintaining multiple pathways for the property's future utilization.