Acquisitions12 Oct 2026, 05:50 pm
Master Trust acquires 100% stake in Future Colonizers
AI Summary
Master Trust Limited has acquired 100% shareholding in Future Colonizers & Construction Limited for ₹50,00,000 (₹50 Lakhs) in cash. This acquisition, approved by the NCLT under the Insolvency and Bankruptcy Code, 2016, makes Future Colonizers & Construction Limited a wholly-owned subsidiary of Master Trust Limited. The company aims to implement the approved Resolution Plan and realize the assets of the acquired entity. Future Colonizers & Construction Limited, incorporated in 2008, has had no significant commercial activity or turnover in the last three financial years.
Key Highlights
- Master Trust acquires 100% of Future Colonizers & Construction Ltd.
- Acquisition cost is ₹50 Lakhs in cash.
- Future Colonizers becomes a wholly-owned subsidiary.
- Acquisition is part of an NCLT-approved Resolution Plan.
- Target company has had no significant turnover for years.
Price Impact
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