MIC Electronics Ltd - Board Meeting Outcome for Out Come Of The Board Meeting Held On Today, I.E. November 05, 2025

We wish to inform you that the meeting of the Board of Directors of the Company was held today and, inter alia, discussed and approved the following: 1. Raising of funds by way of issuance of securities for cash through qualified institutions placements ('QIPs') or through any other permissible mode and/or combination thereof, for an aggregate amount not exceeding ? 250 Crores (Rupees Two Hundred and Fifty Crore only) in one or more tranches, and Raising of funds by way of issuance of Foreign Currency Convertible Bonds (FCCBs) in one or more tranches, provided that the aggregate amount to be raised by issuance of FCCBs shall not exceed USD 15 million. 2. The date, time, and venue of the Extra-Ordinary General Meeting (EGM) of the Company are scheduled to be held on Monday, December 01, 2025, at 11.45 a.m. (IST), and the draft EGM Notice was approved, and Mr. Ravi Prasada Reddy was approved as scrutinizer.