12-Oct-2026 17:05:23

MASTERTRAcquisition and merger

MASTERTR : ACQUIRES FUTURE COLONIZERS FOR RS 50 L

• Board of Future Colonizers approved allotment of 5,00,000 equity shares of ₹10 each to Master Trust under NCLT-approved Resolution Plan • Post-allotment, Future Colonizers & Construction has become a wholly owned subsidiary of Master Trust (100% shareholding) • Acquisition is via CIRP under IBC; NCLT Chandigarh Bench approved the resolution plan by order dated August 13, 2026 • Consideration is ₹50 L (Rs 50,00,000) in cash, paid upfront; shares allotted at ₹10 per share • Target operates in construction and real estate sector; objective is to implement the approved Resolution Plan and realize its assets

Master Trust Ltd

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