MIRC Electronics posted a significant increase in Q4 net loss to ₹474M, marking a stark contrast from the ₹12M profit of the previous year. Revenue also dropped by 30% YoY, falling from ₹2B to ₹1.4B in the same period.

Mirc Electronics has announced an Extraordinary General Meeting (EGM) on June 8th, 2026, which will be conducted via video conference. The purpose of this meeting is to approve the issuance of approximately 1.87 million convertible warrants at INR 35.2 per warrant, aiming to raise around INR 66 crores.

Mirc Electronics has scheduled a board meeting for May 20, 2026, to formally approve their Q4 and FY2026 audited financial results, which cover the period ending March 31, 2026.

NK Securities has offloaded a significant number of Mirc Electronics shares, amounting to approximately 1.97 million, with an average selling price of ₹43.1 per share on the National Stock Exchange.

The board of Mirc Electronics has granted its CEO stock options worth INR 2.95 crore as part of the 2023 ESOP plan. In a strategic move, the company will be renamed Onida Electronics Ltd, aligning with its flagship brand Onida.

MIRC Electronics has given the go-ahead for the redevelopment or sale of its Onida House property in Mumbai. The company ensures that this move will not result in any job losses or operational disruptions.

Mirc Electronics is planning to rebrand as Onida Electronics, with a shareholders' meeting scheduled on April 29, 2026. Key decisions include granting ESOPs to the CEO and changing the company name.