Corporate Actions

Maestros Electronics secures Rs 16.72 crore contract from Mazagon Dock Shipbuilders for Navy telemedicine systems

03-Nov-26   19:39 Hrs IST

Maestros Electronics & Telecommunications Systems Limited has received a purchase order from Mazagon Dock Shipbuilders Limited, part of the Ministry of Defence, for Rs 16,716,094 (exclusive of taxes), to supply 81 telemedicine products for installation onboard four Indian Navy ships. The contract, awarded on November 3, 2026, requires execution between November 3, 2026, and March 3, 2027, and is governed by general and specific terms and conditions, including full compliance with Indian labour laws. Neither the company’s promoters nor promoter group have any interest in Mazagon Dock Shipbuilders Limited.

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