| Maestros Electronics & Telecommunications Systems Limited (the "Resulting Company") was originally incorporated on 19th February 2010 , under the Companies Act, 1956 and had received the Certificate of Commencement of business on 3rd April, 2010. The Maestros Mediline Systems Limited Company commenced its business in 1972 and has been inter alia carrying business of Medical Embedded Systems and, Information Technology and Electronics & Instrumentation. Over a period of time the company started new business verticals and now Maestros provide services in applications management, development, integration of medical software and equipment, Electronics components as OEM for industrial application and infrastructure management. The Scheme provides for the transfer and vesting of Electronics Business of Maestros Mediline Systems Limited to Maestros Electronics & Telecommunications Systems Limited and Infrastructure Business of Maestros Mediline Systems Limited to MMS Infrastructure Limited through a Scheme of Arrangement, and the consequent issue of equity shares by the Resulting Companies to the shareholders of the Applicant Company pursuant to Sections 391 to 394 and Section 100 to 105 and other relevant provisions of the Act, and various other matters consequential to or otherwise integrally connected with the above in the manner provided for in the Scheme. 2024 -The company has received 1 Purchase order from DG Armed Forces Medical Service (Ministry of Defence) for the product named Portable Light Weight Computerized Multi Channel ECG Machine. -The Company has received a Purchase Order from Progressive Enterprises for the product named Multi-Para Monitor (Type-B) Model - Vital Track. |
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