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Maestros Electronics approves 1:1 bonus share issuance utilizing Rs 5,51,02,370 retained earnings
24-Aug-2026, 08:52
Maestros Electronics & Telecommunications Systems Limited announced that its board approved the issuance of 55,10,237 bonus equity shares in a 1:1 ratio, equivalent to one new share for each existing share, capitalizing from the company's retained earnings of Rs 5,51,02,370 as of March 31, 2026, subject to member approval at the upcoming Annual General Meeting and other regulatory approvals. The bonus shares are expected to be credited or dispatched on or before October 23, 2026, and will rank pari passu with existing shares.
Maestros Electronics & Telecommunications Systems Limited announced that its board approved the issuance of 55,10,237 bonus equity shares in a 1:1 ratio, equivalent to one new share for each existing share, capitalizing from the company's retained earnings of Rs 5,51,02,370 as of March 31, 2026, subject to member approval at the upcoming Annual General Meeting and other regulatory approvals. The bonus shares are expected to be credited or dispatched on or before October 23, 2026, and will rank pari passu with existing shares.