StockWatch
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Industrial Products
Business Update3 Nov 2026, 07:02 pm

Maestros Electronics Bags ₹1.67 Cr Order from Mazagon Dock

AI Summary

Maestros Electronics & Telecommunications Systems Ltd has secured a purchase order worth ₹1.67 Crore (₹16,716,094) from Mazagon Dock Shipbuilders Limited, a Ministry of Defence entity. The order is for the procurement and installation of 81 Telemedicine Products for four ships of the Indian Navy. The execution period for this contract is from November 3, 2026, to March 3, 2027. This deal signifies a significant business win for the company in the defense sector.

Key Highlights

  • Secured ₹1.67 Crore order from Mazagon Dock Shipbuilders.
  • Order includes 81 Telemedicine Products for Indian Navy ships.
  • Project execution scheduled from Nov 2026 to Mar 2027.
  • Strengthens company's presence in the defense sector.