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Board of Maestros Electronics & Telecommunications Systems allots equity shares

Maestros Electronics & Telecommunications Systems announced that the Company at the Annual general meeting held on 29 September 2015 and In Principal approval received from Stock Exchange on 26 October 2015 and pursuant to receipt of share application money from the proposed allottee, the board of directors has at the board meeting held on 03 November 2015, approved the allotment of 2,90,000 (Two Lacs Ninety Thousand only) Equity shares of Rs. 10/- each at a price of Rs. 27 per share on preferential basis to Mr. B.K.Tendulkar (Promoter).

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