Mudassar, in this screenshot I see 2 missing dependencies - msvcr90.dll and ncsutil4.dll (those that are delay loaded, i.e. with hourglass, don't matter). But the trouble is that they aren't even used by 4.9.3 version, but instead by earlier MapWinGIS versions. Version 4.9.3 is using VC2010 runtime, so msvcr100.dll should be referenced instead of msvcr90.dll. Try to uninstall any other versions of MapWinGIS (delete the folder manually after it to be sure) and then run 4.9.3 installer once again.
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