MIC ELECTRONICS LTD. - Board Meeting on March 19, 2015

MIC Electronics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 19, 2015, inter alia, to consider and approve conversion of Preferential Convertible Equity Share Warrants into equity shares in 1:1 ratio to promoters and investors a part of 74,462,070 Preferential Coverable Equity Share warrants allotted on November 25, 2014 to promoters and investors as per In-principle approvals from Stock Exchange through Letter dated August 21, 2014 and November 12, 2014 respectively.