Held on 10 February 2015
Maestros Electronics & Telecommunications Systems announced that pursuant to approval given by the shareholders of the Company at the Annual General Meeting Held on 22 December 2014 and the In Principle approval received from BSE on 27 January 2015 and pursuant to receipt of share application money from the proposed allottees, the Board of Directors has at the Board meeting held on 10 February 2015, also approved the allotment of 4,00,000 Equity shares of Rs. 10/- each at a price of Rs. 15.13 per share, i.e., at a premium of Rs. 5.13 per share on Private Placement / Preferential Allotment Basis to the Persons from Promoter Group / Others to whom the Private Placement Offer Letter was circulated.Powered by Capital Market - Live News