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MIC Electronics > Company History > Telecommunications - Equipment > Company History of MIC Electronics - BSE: 532850, NSE: MIC
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MIC Electronics
BSE: 532850|NSE: MIC|ISIN: INE287C01029|SECTOR: Telecommunications - Equipment
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Company History - MIC Electronics
Overview
 
 We were incorporated as a private limited company under the Companies
 
 Act, 1956 on May 17, 1988 under the name MIC Electronics Private
 Limited 
 with registration number 01-08652. Subsequently, we were converted
 into a 
 public limited company on July 29, 1997 and we changed our name to
 MIC 
 Electronics Limited. In the year 2000, Phoenix Telecommunications
 Limited 
 was merged into the Company pursuant to the order dated September 14,
 
 2000 passed by the Hon'ble Andhra Pradesh High Court. The key events
 in 
 the business of the Company are as follows:
 
 YEAR   MAJOR MILESTONES
 
 1988      Incorporation of our Company.
 1990      Started design and development of telecom products for
 wireless 
                and wireless communication.
 1994      Started telecom software and IT Services.
 2000     Merger with Phoenix Telecomunications Limited.
                Commenced LED business.
 2004     Sold first commercial LED Display product and incorporated
 our first 
               subsidiary abroad in Australia.
 2006    Acquisition of InfoSTEP Inc., USA
 
 2008
 
 - The Company has splits its face value from Rs10/- to Rs2/-.
 
 2010
 
 - MIC Electronics Limited (BSE Code: 532850, NSE Code ; MIC), global
 leader in design, development & manufacturing of LED Video displays &
 high end Electronic & Telecommunication equipment bagged a 3 year long
 contract to supply video screen with Parramatta Eels National Rugby
 League Club through our solid alliance with Sequity Pty Ltd.
 
 - MIC Electronics Ltd has tied up with with Home Resources Ind. Co.
 Limited.
 
 - MIC Electronics Ltd has received orders worth Rs. 4.89 Crores.
Source : Dion Global Solutions Limited
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