New Delhi, Nov. 5 -- Multibagger small-cap stock MIC Electronics is likely to hog the limelight in trade on Thursday, November 6, following the board nod to various fundraising proposals, along with other proposals.

MIC Electronics' board, at its meeting held today, approved raising funds via qualified institutional placement (QIP) and issuance of Foreign Currency Convertible Bonds (FCCBs). Along with this, the board also finalised the details of the extraordinary general meeting (EGM) and appointment of the Scrutinizer for the said EGM.

BSE Smallcap index constituent MIC Electronics said its board has approved raising Rs.250 crore via QIP

"... Raising of funds by way of issuance of securities for cash through qualified institutions pl...