Maestros Mediline Systems Ltd has informed BSE regarding holding of Court Convened Meetings on July 09, 2010 for approving the Scheme of Arrangement between Maestros Mediline Systems Ltd. and Maestros Electronics & Telecommunications Systems Ltd. and MMS Infrastructure Ltd. 1. The Court Convened Meeting of Equity Shareholders and Unsecured Creditors of the Company was convened properly and concluded with vote of thanks to chairman in respect of the Demerger of Electronics Division and Infrastructure Division from the Company. 2. The Court Convened Meeting of Secured Creditors for approving the proposed demerger is adjourned for the want of Quorum by the chairman till the next date as the Hon'ble High Court, Mumbai may decide. Maestros Mediline Systems Ltd has informed BSE that in terms of the order issued by the High Court of Judicature at Mumbai on June 11, 2010, meetings of Equity shares holders, secured creditors and unsecured creditors of the Company were held on July 09, 2010 respectively wherein the equity share holders and unsecured creditors have approved the scheme of Demerger of Electronics division and Infrastructure division of Maestros Mediline Systems Ltd. The meeting of secured creditors was adjourned on account of quorum. The said meeting of secured creditors, as per the directives of high court given on July 23, 2010, will be held on August 16, 2010. (As Per BSE Announcement Website dated on 13.08.2010) Maestros Mediline Systems Ltd has informed BSE that in the Extraordinary General Meeting held on May 21, 2011, the members approved the Special Resolution, subject to obtaining such approvals, consents, permissions and sanctions as may be required and subject to the sanction of the Scheme of Arrangement among the Company (i.e. Maestros Mediline Systems Limited), Maestros Electronics & Telecommunications Systems Limited and MMS infrastructure Limited and their respective shareholders and creditors under Sections 391 to 394 read with section 78 and 100 to 105 and other applicable provisions of the Companies Act, 1956, if any ('Scheme'), which has already been approved by the Board of Directors at their meeting held on December 12, 2009 and October 30, 2010 and subject to confirmation of the Hon'ble High Court of Bombay (the 'Court') which has accepted the application vide its order dated June 11, 2010 and direction dated April 21, 2011 and further subject to such conditions as may be prescribed while granting such approvals, consents, permissions, sanctions and confirmation which the Board of Directors (the 'Board' which term shall include any Committee which the Board of Directors of the Company may have constituted or may thereafter constitute and/ or any Director or any individual or individuals delegated with the powers necessary for the purpose) of the Company may agree and accept, the consent of the members of the Company be accorded that the capital reserves account and / or securities premium account shall be debited or General Reserve or any other reserve including Profit and Loss Account be debited or written off or adjusted on account of transfer of or deficit arising due to transfer of Electronics business to Maestros Electronics & Telecommunications Limited and Infrastructure Business to MMS Infrastructure Limited (i.e. to demerged companies) in accordance with the provisions of the Scheme upto such amount as may be deemed necessary by the Board while implementing the Scheme, subject to necessary provisions and approvals. (As Per BSE Announcement Website dated on 23.05.2011) Maestros Mediline Systems Ltd has informed BSE that Hon'ble Bombay High court has approved the scheme of Demerger of the Company on June 10, 2011. The scheme of Arrangement / Demerger of Industrial Electronics Division of the Company into Maestros Electronics & Telecommunications Systems Ltd and Infrastructure Division of the Company into MMS Infrastructure Ltd from Maestros Mediline Systems Ltd. (As Per BSE Announcement Website dated on 13.06.2011) Maestros Mediline Systems Ltd has informed BSE that the Board of Directors of the Company have fixed December 14, 2011 as the Record Date far ascertaining the Members of the Company who are entitled to allotment of equity shares of Maestros Electronics & Telecommunications Systems Limited and MM5 Infrastructure Limited in terms of Scheme of Arrangement between Maestros Mediline Systems Limited and Maestros Electronics &. Telecommunications Systems Limited and MMS Infrastructure Limited sanctioned by Honourable High Court, Bombay. In terms of the said Scheme, for every 1 equity shares held by the Member as on the Record Date, the Member would be entitled to 0.75 equity shares of Maestros Electronics & Telecommunications Systems Limited & 2 equity shares of MMS Infrastructure Limited. (As Per BSE Announcement Website Dated on 02/12/2011) SUB. :- Scheme of Arrangement of Maestros Mediline Systems Ltd. (Scrip Code 501209) Trading Members of the Exchange are hereby informed that, Maestros Mediline Systems Ltd (MMSL). has fixed the Record Date for the purpose of determining entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement of the Company approved by Hon'ble High Court of Bombay COMPANY NAME CODE Maestros Mediline Systems Ltd. (501209) RECORD DATE 14/12/2011 PURPOSE Scheme of Arrangement: - Demerger of the Electronics Business of MMSL into Maestros Electronics & Telecommunications Systems Ltd. (METSL) and Infrastructure Business of MMSL into MMS Infrastructure Ltd. (MMSIL). In consideration of the Demerger, including the transfer and vesting of the Electronics Business by MMSL to METSL in terms of this Scheme, METSL shall issue and allot to the shareholders of MMSL, in the ratio of 3 (THREE) equity shares of face value Rs.10/- each fully paid up of METSL for every 4 (FOUR) equity shares of face value Rs.10/- each fully paid up held in MMSL In consideration of the Demerger, including the transfer and vesting of the Infrastructure Business by MMSL to MMSIL in terms of this Scheme, MMSIL shall issue and allot to the shareholders of MMSL, in the ratio of 2 (TWO) equity shares of face value Rs.10/- each fully paid up of MMSIL for every 1 (ONE) equity share of face value Rs.10/- each fully paid up held in MMSL. EX-ENTITLEMENT FROM DATE & SETT. NO. 13/12/2011 DR-174/2011- 2012 Note: Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 2. 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be under 'T' group with effect from December 13, 2011. (As Per BSE Notic dated on 08.12.2011)