MIC Electronics Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 14, 2008, inter alia, for sub-dividing the Equity Shares of the Company, including the paid up shares, such that the Equity Shares of the Company of the face value of Rs 10/- (Rupees Ten) each be sub-dived into Five Equity Shares of the Company of the face value of Rs 2/- (Rupees Two) each and consequently, the Authorised Share Capital of the Company of Rs 30,00 00,000/-(Rupees Thirty Crores only) would comprise of 15,00 00,000 (Fifteen Crores) Equity Shares of Rs 2/- each with effect from the Record Date to be determined by the Board for this purpose and amendment in the capital clause of the Memorandum of Association of the Company.