MIC Electronics Limited (BSE: 532850, NSE: MICEL), is a global leader in the design, development, and manufacturing of LED video displays. The company has received a buy call from Anand Rathi with a upside of 10%.
The company further incorporated wholly owned subsidiary namely MICK Digital India Ltd. The subsidiary will function to Manufacture and deal in all types of smart meters, digital meters, roof mounted AC package units (RMPU), integrated power supply (IPS) systems, Mini Computers, Microprocessor based systems and Computer peripherals.
Recently, the board approved the Appointment of Mr. Penumaka Venkata Ramesh as
Additional Director of the Company in the Non-Executive Independent category for a term of 5 years, subject to approval of members. Mr. PV Ramesh brings over 40 years of senior executive leadership across governments, international organizations, and corporate enterprises in regions including Asia Pacific, Europe, and Africa.