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.
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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