Acquisitions12 Oct 2026, 05:10 pm
Master Trust acquires 100% stake in Future Colonizers for ₹50 Lakhs
AI Summary
Master Trust Limited has acquired 100% shareholding in Future Colonizers & Construction Limited through an NCLT-approved resolution plan. The company was allotted 5,00,000 equity shares of Rs. 10.00/- each, for a cash consideration of Rs. 50,00,000/-. This acquisition makes Future Colonizers & Construction Limited a wholly-owned subsidiary of Master Trust Limited. The acquisition is part of implementing the approved Resolution Plan to realize the assets of Future Colonizers & Construction Limited.
Key Highlights
- Master Trust acquires 100% of Future Colonizers & Construction Ltd.
- Acquisition completed via NCLT-approved resolution plan.
- Consideration paid was ₹50,00,000/- in cash.
- Future Colonizers becomes a wholly-owned subsidiary.
Price Impact
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