Allotment of equity shares on a preferential basis

Date: September 04, 2026 Listing Compliance Department, Listing Compliance Department, BSE Limited (BSE), National Stock Exchange of India Limited (NSE), Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Mumbai – 400 001. Bandra-Kurla Complex, Bandra (East), Mumbai – Scrip Code: 532850 400 051. Symbol: MICEL Sub: Intimation of Allotment of Equity Shares on Preferential Basis under Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, In furtherance to our letters dated March 30, 2026, April 29, 2026 and August 26, 2026, and pursuant to the approval granted by the shareholders by way of the Extraordinary General Meeting held on April 29, 2026 for the issuance of equity shares on a preferential basis for consideration other than cash, and receipt of the requisite regulatory approvals, we wish to inform you that the Board of Directors of the Company (“Board”), at its meeting held today, i.e. September 04, 2026, has considered and approved the allotment of 5,68,73,418 (Five Crore Sixty-Eight Lakh Seventy-Three Thousand Four Hundred and Eighteen only) Equity Shares of the Company, of face value of ₹ 2/- each, fully paid up, on a preferential basis to the Neo Selling Shareholders, for consideration other than cash, towards discharge of the total non-cash consideration payable for the acquisition of 59% of the ordinary share capital of M/s. Neo Semi SG Pte. Ltd. from M/s. Ebisu Global Opportunities Fund Limited, Mauritius (“Ebisu”), M/s. Unico Global Opportunities Fund Limited, Mauritius (“Unico”), and M/s. Tavas Advisory & Consulting (FZE), United Arab Emirates (“Tavas”). Pursuant to the above allotment, the issued, subscribed and paid-up capital of the Company shall be as under: Particulars Before Allotment After Allotment Equity Share Capital Number of Value (₹) Number of Value (₹) Shares (face value of ₹ Shares (face value of ₹ 2/- each) 2/- each) Issued Capital 24,10,11,560 48,20,23,120 29,78,84,978 59,57,69,956 Subscribed and Paid-up 24,10,11,560 48,20,23,120 29,78,84,978 59,57,69,956 Capital The aforementioned equity shares so allotted shall rank pari passu with the existing equity shares of the Company. This intimation is being made in compliance with Regulation 30 read with Para A of Part A of Schedule III and other applicable provisions of the SEBI Listing Regulations, and the SEBI circular bearing reference number SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended from time to time. The Board meeting commenced at 11:30 a.m. and concluded at 12:10 p.m. This is for the information of all the stakeholders of the Company. Thanking you. Yours faithfully, For MIC Electronics Limited Lakshmi Sowjanya Alla Company Secretary & Compliance Officer