The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Balkrishna Kamalakar Tendulkar
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Balkrishna Kamalakar Tendulkar, Promoter and Managing Director of Maestros Electronics & Telecommunications Systems Ltd, has disclosed an acquisition of 2,50,000 equity shares (4.54% of the company) through an off-market transaction dated 29-07-2025. His stake in the company has increased from 30,06,192 shares (54.56%) to 32,56,192 shares (59.09%) of the total equity share capital of 55,10,237 shares. The disclosure was filed under SEBI Takeover Regulations, and the total equity and voting capital remained unchanged at Rs.10 per share.
This signals continued promoter confidence and increased control in the company, with the promoter's holding rising to nearly 60%. For shareholders, increased promoter skin-in-the-game is generally viewed as a positive sentiment signal.