diff --git a/src/element/resizeElements.ts b/src/element/resizeElements.ts
index 977fac964..9c47b57b8 100644
--- a/src/element/resizeElements.ts
+++ b/src/element/resizeElements.ts
@@ -551,7 +551,11 @@ export const resizeSingleElement = (
     if (boundTextElement && boundTextFont) {
       mutateElement(boundTextElement, { fontSize: boundTextFont.fontSize });
     }
-    handleBindTextResize(element, transformHandleDirection);
+    handleBindTextResize(
+      element,
+      transformHandleDirection,
+      shouldMaintainAspectRatio,
+    );
   }
 };
 
diff --git a/src/element/textElement.ts b/src/element/textElement.ts
index 4d9fa5eb5..37562ca9e 100644
--- a/src/element/textElement.ts
+++ b/src/element/textElement.ts
@@ -150,6 +150,7 @@ export const bindTextToShapeAfterDuplication = (
 export const handleBindTextResize = (
   container: NonDeletedExcalidrawElement,
   transformHandleType: MaybeTransformHandleType,
+  shouldMaintainAspectRatio = false,
 ) => {
   const boundTextElementId = getBoundTextElementId(container);
   if (!boundTextElementId) {
@@ -174,7 +175,10 @@ export const handleBindTextResize = (
     const maxWidth = getMaxContainerWidth(container);
     const maxHeight = getMaxContainerHeight(container);
     let containerHeight = containerDims.height;
-    if (transformHandleType !== "n" && transformHandleType !== "s") {
+    if (
+      shouldMaintainAspectRatio ||
+      (transformHandleType !== "n" && transformHandleType !== "s")
+    ) {
       if (text) {
         text = wrapText(
           textElement.originalText,