StockWatch
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Industrial Products
Board Meeting12 Aug 2026, 09:10 pm

Maestros Electronics Approves Financial Results and Capital Increase

AI Summary

Maestros Electronics & Telecommunications Systems Ltd announced that its Board of Directors has approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. The board also approved a significant increase in the company's Authorised Share Capital from ₹6 Crore to ₹15 Crore, subject to shareholder and regulatory approvals. Additionally, Mr. Prakash Vithal Page was re-appointed as an Independent Director. The meeting took place at the company's registered office in Mahape, Navi Mumbai.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Authorised share capital to increase from ₹6 Cr to ₹15 Cr.
  • Re-appointment of Mr. Prakash Vithal Page as Independent Director.
  • Consequent amendment to Memorandum of Association approved.