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Outcome of board meeting of Maestros Electronics & Telecommunications Systems

Maestros Electronics & Telecommunications Systems announced that pursuant to approval given by Board of Director of the Company at the Board Meeting held on 08 June 2016 it has been approved to convert 3,40,000 (Three Lakh Forty Thousand only) Equity Warrants and allot 3,40,000 (Three Lakh Forty Thousand only) Equity Shares at a price of Rs. 27 per share/per warrant to B. K. Tendulkar (Equity Warrant Holder).

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