MIC Electronics Launches Defence Arm for AI & Cybersecurity
MIC Electronics forms MIC Defence Systems for defence electronics, AI tech. Subsidiary to focus on unmanned systems, surveillance, and cybersecurity. Source: The Hindu BusinessLine
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23 Aug 2026 – 21 Sep 2026 · Times in IST
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MIC Electronics forms MIC Defence Systems for defence electronics, AI tech. Subsidiary to focus on unmanned systems, surveillance, and cybersecurity. Source: The Hindu BusinessLine
MIC Electronics acquires 59% stake in Neo Semi SG via share swap. Transaction involves allotment of 5.68 crore equity shares to Neo Semi SG's sellers. Source: The Hindu BusinessLine
MIC Electronics allots 5.69 crore shares to acquire 59% stake in Neo Semi Sg Pte. Paid-up capital of MIC Electronics rises to ₹59.58 crore after equity allotment. Source: Livesquawk
MIC Electronics sets up MIC Defence Systems Pvt Ltd with ₹10 lakh investment. Subsidiary targets defence and security technologies; paid-up capital ₹1 lakh. Source: ScoutQuest
MIC Electronics receives in-principle approval from BSE & NSE to issue equity shares on preferential basis. 5.68 crore shares at Rs 41.38 per share to non-promoters, linked to acquisition of Neo Semi Sg PTE Ltd. Source: BSE