BSECompany Update6d ago · 3 Nov 2026, 06:55 pm

Pursuant to Regulation 30 of the Listing Regulations; it is hereby informed that the Company has received 1 Purchase Order (PO) from Mazagon Dock Shipbuilders Limited (Ministry of Defence) for 81 pieces of Telemedicine Products. The order is for Procurement and Installation of Telemedicine Onboard of 4 ships for Indian Navy. Kindly take the same on record.

Maestros Electronics & Telecommunications Systems Ltd · 538401

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Maestros Electronics & Telecommunications Systems Ltd has received a purchase order from Mazagon Dock Shipbuilders Limited for 81 pieces of Telemedicine Products worth Rs. 16,716,094/- for the Indian Navy.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Maestros Electronics & Telecommunications Systems Ltd - 538401 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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CIN: L74900MH2010PLC200254 Date: November 3, 2026 Bombay Stock Exchange Limited, Address: Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 Scrip Code: 538401 Subject: Intimation under Regulation 30 and Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “the Listing Regulations”): Dear Sir/Madam, Pursuant to Regulation 30 of the Listing Regulations; it is hereby informed that the Company has received 1 Purchase Order (PO) as below: 1. Mazagon Dock Shipbuilders Limited (Ministry of Defence) for 81 pieces of Telemedicine Products. The order is for Procurement and Installation of Telemedicine Onboard of 4 ships for Indian Navy. The details as per Point no. 4.2 of Annexure 18 of Para B of Part A of Schedule III of the LODR Regulations of SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are attached as Annexure – I. Kindly take the same on record. For Maestros Electronics & Telecommunications Systems Limited Balkrishna Kamalakar Tendulkar Managing Director DIN: 02448116 Address: Plot No. EL/66, TTC Industrial Area, Electronic Zone, Mahape, Navi Mumbai, Thane- 400710 Maestros Electronics & Telecommunications Systems Limited EL-66, TTC Industrial Area, Electronic Zone, Mahape, Navi Mumbai – 400 710 Maharashtra, India Tel: +91-22-2761 11 93 | Website: www.maestroselectronics.com |Email ID: cs@metsl.in CIN: L74900MH2010PLC200254 Annexure- I Sr. No Particulars Details 1. Name of the entity awarding the Mazagon Dock Shipbuilders Limited (Ministry of order(s)/contract(s); Defence) 2. Significant terms and conditions of A. This contract is governed by the General Terms order(s)/contract(s) awarded in brief; and Conditions, conditions stipulated to this Product/Service as provided in the Marketplace. B. This Contract between the Seller and the Buyer, is for the supply of the Goods and/ or Services, detailed in the schedule above, in accordance with the General Terms and Conditions (GTC) unless otherwise superseded by Goods / Services specific Special Terms and Conditions (STC) and/ or BID/Reverse Auction Additional Terms and Conditions (ATC), as applicable. C. All GeM Sellers/Service Providers shall ensure full compliance with all applicable labour laws, including the provisions, rules, schemes and guidelines under the four Labour Codes i.e. the Code on Wages, 2019; the Industrial Relations Code, 2020; the Occupational Safety, Health and Working Conditions Code, 2020; and the Code on Social Security, 2020 as and when notified and brought into force by the Government of India. 3. Whether order(s) / contract(s) have Domestic Entity been awarded by domestic/ international entity; 4. Nature of order(s) / contract(s); Delivery of 81 pieces of Telemedicine Products 5. Whether domestic or international; Domestic 6. Time period by which the November 03, 2026 - March 03, 2027 order(s)/contract(s) is to be executed; 7. Broad consideration or size of the Contract Value comes to Rs. 16,716,094/- (Rupees order(s)/contract(s); One Crore Sixty-Seven Lakhs Sixteen Thousand and Ninety-Four Only) exclusive of applicable taxes, as per the Purchase Order. 8. Whether the promoter/ promoter Neither Promoter of the Company nor Promoter group / group companies have any group is interested in the Entity that awarded the Maestros Electronics & Telecommunications Systems Limited EL-66, TTC Industrial Area, Electronic Zone, Mahape, Navi Mumbai – 400 710 Maharashtra, India Tel: +91-22-2761 11 93 | Website: www.maestroselectronics.com |Email ID: cs@metsl.in CIN: L74900MH2010PLC200254 interest in the entity that awarded the Order order(s)/contract(s)? If yes, nature of interest and details thereof; 9. Whether the order(s)/contract(s) Not applicable would fall within related party transactions? If yes, whether the same is done at “arm’s length” Maestros Electronics & Telecommunications Systems Limited EL-66, TTC Industrial Area, Electronic Zone, Mahape, Navi Mumbai – 400 710 Maharashtra, India Tel: +91-22-2761 11 93 | Website: www.maestroselectronics.com |Email ID: cs@metsl.in