MIC Electronics Limited Company Profile: Products, Promoters and Clients

MIC Electronics Limited Company Description

Established in 1988, MIC Electronics is a global leader in designing, developing, and manufacturing LED video displays, high-end electronic and telecommunication equipment, and telecom software.

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Q1.What are the company's products and service offerings?

LED Video Displays: MIC's signature products, including indoor, outdoor, and mobile displays, are essential for sports stadiums, transportation hubs, digital theatres, theme parks, advertisements, and public information systems.

LED Lighting: The company provides various indoor, outdoor, solar, and portable LED lighting solutions.

Oxygen Concentrators: MIC has ventured into designing, manufacturing, and supplying 10 LPM oxygen concentrators.

Batteries: Various types of batteries are also part of MIC's product portfolio.

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Q2.Who are the Promoters of MIC Electronics company?

Mr Kaushik Yalamanchili

CHAIRMAN & MANAGING DIRECTOR

Mr Kaushik Yalamanchili is an engineering graduate in mechanical engineering with experience trading various commodities. He was handling assignments in Singapore before his return to India in March 2020. He was inducted as Non-Executive Director in the Board of M/s Electronics Limited in the Board meeting held on 06.07.2021. 

Since his inception on the Board, he has played an active role in the revival of M/s MIC Electronics Ltd and oversaw various processes involved in meeting stringent specifications and certifications concerning the manufacture and supply of Oxygen Concentrators (O.C.s) orders from M/s ONGC. 

After meeting the quality checks, he closely monitors the production of O.C.s to ensure timely delivery to M/s ONGC. In addition, he is actively involved in Finance, Human Resources, and other functional areas of the Company.

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Mr Siva Lakshmana Rao Kakarala: NON EXECUTIVE NON INDEPENDENT DIRECTOR

Mr Siva Lakshmana Rao Kakarala has an M.A. (Mathematics) from Andhra University and an M.S. (Operations Research) from the United States of America. He has vast experience in the banking and financial sectors in India and the USA, and he has been involved in different industries, including bulk drugs, software, and electrical and electronics. 

He was also the founder and Director of Natco Pharma Limited and founder and Director of Laan Research Private Limited. He served as the Chairman at Sri Venkateswara Temple in Bridgewater, NJ, and also served as a temple trustee for 29 years.

Q3.Who are the Clients of MIC Electronics Company? 

Notable Clients:

MIC serves a diverse clientele including L&T Ltd, Indian Railways, RBI, H.P., MTNL, SBI, P&G, LIC, Reliance Industries Ltd, Tata Teleservices, Hyderabad Race Course, Coal India Ltd, Gujarat Science City, Vizag Steel, IDBI Bank, Bharat Electronics, Air India Ltd, Andhra Pradesh Technology Services, BSNL, BHEL, Maruti Suzuki, Port of Visakhapatnam, Bharat Dynamics Ltd, Nuclear Power Corp of India, Tirumala Tirupati Devasthanam, Indian Oil, Mahindra, TVS, Maruti, ITC, Sail, IIT Hyderabad, SCCL, NIRD, Sun T.V., APIIC, CRI, KREDL, Bharat Electronics, Delhi Metro Rail Corporation Ltd, and Colorado Time Systems.

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