The board of directors of Maestros Electronics & Telecommunications Systems on Friday approved the conversion of four lakh warrants and allotment of an equal number of shares to BK Tendulkar (warrant holder). The shares were allotted at a conversion price of ₹27 apiece. Shares of BSE-listed Maestros Electronics surged 4.55 per cent at ₹34.50.

(This article was published on April 21, 2017)
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