Master Trust LimitedMASTERTRMixedMinormateriality 58 out of 100
Master Trust completes acquisition of Future Colonizers through NCLT-approved resolution plan
Update 1 of 2 in a matter ongoing since
Distressinsolvency
As filed
Master Trust Limited has informed the Exchange about Acquisition of Shares in Future Colonizers and Constructions Limited through CIRP vide NCLT order
Why it matters
CapitSignal interpretationThe acquisition adds a wholly owned construction and real estate subsidiary to Master Trust under a resolution plan. The stated objective is to realize Future Colonizers & Construction's assets according to the approved plan.