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LED solutions stock in focus as company incorporates wholly-owned subsidiary to enter into defence segment

Shares of Hyderabad-headquartered LED solutions provider MIC Electronics Limited (MICEL) are on investors' radar after the company incorporated a new wholly owned subsidiary, MIC Defence Systems Private Limited. According to the information shared, the company received its Certificate of Incorporation dated August 31, 2026, from the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs. The company has received the Certificate of Incorporation following approval from the company's board.