MIC Electronics Limited has announced securing three significant railway projects totaling Rs 1.73 crore, marking a notable advancement in its railway infrastructure portfolio.

South Central Railway Project

MIC Electronics has received a Letter of Acceptance (LOA) from the South Central Railway, Secunderabad Division for a project valued at Rs 53.67 lakh. This project encompasses:

1. Provision of Coach Guidance Boards and At a Glance display boards at HFZ station.
2. Replacement of existing aged Solid state Platform Announcement systems at 20 stations across the SC division.

The company is expected to complete this project within a 12-month timeframe.

Northern Railway Projects

Two additional LOAs have been received from Northern Railway, focusing on passenger amenities and information system expansion:

1. A project worth Rs 43.90 lakh for providing passenger amenities (Telecom) and expanding information systems to facilitate Divyangjan (persons with disabilities) at 16 stations in the Delhi division.

2. A variation order valued at Rs 75.48 lakh for similar amenities and information system upgrades at the same 16 stations.

These projects are part of the Amrit Bharat station scheme, aimed at enhancing passenger experience across multiple stations including TKJ, GHNA, MDNR, SZM, PWL, BVH, FDN, BGZ, ROK, PTRD, SMQL, NUR, SNP, JHI, NRW, and MSZ.

Project Details

All three orders have been secured through direct tender participation with domestic entities. The company has confirmed that these projects do not involve any related party transactions, and none of the promoter or promoter group companies have any interest in the awarding entities.

MIC Electronics Limited, an ISO 9001:2008 and ISO 14001:2004 certified company, continues to strengthen its position in the railway infrastructure sector with these new contracts. The projects align with the company's expertise in electronic display systems and communication technologies for the transportation sector.

As the company embarks on these projects, stakeholders will be keenly watching the execution and potential impact on MIC Electronics' financial performance in the coming quarters.

MIC Electronics Limited, a company listed on both the BSE and National Stock Exchange of India, has witnessed a significant change in its shareholding pattern. RRK Enterprise Private Limited, a promoter of MIC Electronics, has reduced its stake in the company through a series of open market transactions.

Shareholding Reduction Details

RRK Enterprise Private Limited sold 52,67,239 equity shares of MIC Electronics in the secondary market between June 26, 2025, and August 13, 2025. This sale has resulted in a reduction of RRK Enterprise's shareholding from 56.45% to 54.26% of the total equity share capital.

Transaction Specifics

Company Share Capital

MIC Electronics Limited's total equity share capital stands at Rs. 48,20,23,120, divided into 24,10,11,560 equity shares of Rs. 2 each.

Regulatory Compliance

The transaction was disclosed in compliance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kaushik Yalamanchili, Director of RRK Enterprise Private Limited, made the disclosure to the stock exchanges.

This move by RRK Enterprise Private Limited represents a minor reduction in its controlling stake in MIC Electronics Limited, maintaining its position as a major shareholder in the company.