Master Trust511768Deal
Master Trust allots Rs. 50 lakh cash for 5,00,000 shares of Future Colonizers & Construction, making it a wholly owned subsidiary via NCLT resolution plan
100%Shareholding acquired in the
- Extent of Acquisition
- 100% shareholding acquired; target has become a wholly owned subsidiary
- Consideration
- Cash consideration of Rs. 50 lakh (upfront payment)
- Shares Allotted
- 5,00,000 equity shares of Rs. 10.00/- each, i.e. Rs. 10.00/- per share
- Target
- Future Colonizers & Construction Limited
- Transaction
- Acquisition of shares through CIRP pursuant to NCLT-approved Resolution Plan; ta
Master Trust allots Rs. 50 lakh cash for 5,00,000 shares of Future Colonizers & Construction, making it a wholly owned subsidiary via NCLT resolution plan.
NCLT order approving Resolution Plan
Target board meeting and allotment approval
Also from Master Trust
Master Trust to make Future Colonizers & Construction a wholly owned subsidiary; 5,00,000 shares for Rs. 50,00,000 under NCLT Resolution Plan
12 Oct 2026
More numbers
- Equity shares allotted to Master Trust Limited5,00,000
- Face value per equity share allottedRs. 10.00/-
- Cash consideration for the acquisitionRs. 50,00,000/-
- Upfront payment for the acquisitionRs. 50,00,000/-
- Shareholding acquired in the target100%
Source: BSE · 12 Oct 2026
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