Mirc Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 24, 2015, have considered and approved issuance upto 3,25,00,000 Warrants (exercisable into equity shares) on Preferential basis to Persons other than Promoters and Promoter Group at a price as may be arrived as per SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009, as amended and the same is subject to approval of the shareholders.
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