Maestros Electronics Approves 1:1 Bonus Share Issue

Maestros Electronics & Telecommunications Systems Ltd announced its Board of Directors has approved the issuance of 55,10,237 bonus equity shares in a 1:1 ratio. Each existing equity share of Rs. 10 will receive one new fully paid-up equity share of Rs. 10. This bonus issue will be funded by capitalizing retained earnings as of March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting and other regulatory clearances. The company will announce the record date for determining eligible shareholders in due course. The meeting also covered the Annual General Meeting Notice. The total issued, subscribed, and paid-up capital will increase significantly post-bonus issue.