Maestros Electronics & Telecommunications Systems Ltd — Important, 24-08-2026: Company Update
24-08-2026 | 07:26 pm
24-08-2026 | 07:26 pm
Maestros Electronics & Telecommunications Systems Limited's board has approved an Annual General Meeting Notice and a 1:1 bonus share issue. This means eligible shareholders will receive one new equity share for every existing share held. The company plans to issue 55,10,237 new equity shares of Rs. 10 each, capitalizing Rs. 5.51 Cr from its retained earnings. This move, subject to shareholder approval, will increase the paid-up capital from Rs. 5.51 Cr to Rs. 11.02 Cr. Available retained earnings as of March 31, 2026, stood at Rs. 31.67 Cr. The bonus shares are expected to be credited by October 23, 2026.
No comments yet. Be the first to comment!
All announcements from Maestros Electronics & Telecommunications Systems Ltd
