Maestros Mediline Systems Ltd Company Summary

Maestros Mediline Systems Limited was initially incorporated as Moonstar Investments Limited in 1992. The Company changed its name from Moonstar Investments Limited to Maestros Mediline Systems Limited in 2002. The Company is Indias leading medical diagnostic equipment and services organizations, which focuses on empowering medical professionals and institutions, that treat cardiac, gynecology and critical care patients across the country.

Founded in 1992, Maestros has an evolved product and services portfolio, that includes Patient Monitors, Electro Cardiographs, Defibrillators, Pulse Oximeters, Spirometers, Fetal Monitors, Stress Test systems etc. The company is dedicated to providing meticulously designed diagnostic solutions, thereby contributing to successful outcomes for each patient.During the year 2001-02, the Scheme of Amalgamation between the Company and Mediline Equipment & Computer Systems (I) Limited was approved by the Honble Mumbai High Court whereby Mediline merged into the Company with effect from 1 April 2000. Pursuant to the said amalgamation, Company allotted 45,00,000 Equity Shares of Rs.

10/- each on 30 September 2002. Consequent to amalgamation, the Company entered into the software consultancy and medical equipment business during the period 2002. The Company acquired business of Mediline, which mainly consists of Information Technology and Medicdl Embedded Systems.

Though the Information Technology Business was affected by overall industry recessions and sluggishness , Medical Embedded Systems witnessed a significant growth. The Company introduced new varieties of Digital Machines which earned a significant revenue, The Company was certified under ISO 9001: 2000 standards for its Medical Embedded Systems Division. As a measure of cost reduction the Company let out part of Infrastructure for Software development in 2002.

In 2003, there was steady growth in demand of healthcare products.The Company operate into 3 main business divisions comprising of Medical Embedded Systems (MES), Information Technology (IT) and Electronics & Instrumentation (ELE) since the year 2009. In addition, Company provides innovative Telemedicine solutions, that use advanced telecommunication technologies for diagnosis, research & patient data transfer, thereby providing improved disease management and treatment especially in remote locations. These include Telemedicine Software, Event Recorders, Patient Monitoring Systems and Telemedicine Peripherals, to meet critical Cardiology and Emergency care requirements of patients.Maestros is an established IT services provider, with over 15 years of experience in providing Information Technology (IT) Products, Solutions and Services focused on converting technology to business benefits.

With a wide network of over 270 employees across 15 locations in India and the South East Asia regions, Maestros has established Channel Partner Network, to effectively service the requirements of clients across India and the Far East markets.During the period 2011-12, the Electronics Division & Infra Division of the Company got demerged and the same was transferred to MaestrosElectronics & Telecommunications Systems Ltd and MMS Infrastructure Ltd with effect from April 1, 2009 and the said Scheme of Demerger became effective with Registrar of Companies, Bombay on 20 July, 2011. The Company was holding 43,73,260 equity shares of face value of Rs 10 each and allotted and issued 3279945 equity shares of face value of Rs 10 each to the shareholders of Maestros Electronics & Telecommunications Systems Ltd dated 6th February, 2012 in the ratio of 3:4 & 8746520 equity shares of face value of Rs 10/- each to the shareholders of the MMS Infrastructures Ltd on 6th February, 2012 in ratio 2:1.