Corporate News

12-Oct-2026, 06:15

Master Trust Limited has acquired 100% shareholding in Future Colonizers & Construction Limited through a corporate insolvency resolution process approved by the National Company Law Tribunal, according to a regulatory filing on Tuesday. The allotment of 500,000 equity shares, valued at Rs 10 per share, totaling Rs 50,00,000 in cash, was approved by Future Colonizers & Construction Limited’s board on October 12, 2026, making Master Trust Limited a wholly owned subsidiary. Future Colonizers & Construction Limited, incorporated on February 13, 2008, has reported a turnover of Rs 0.00 crore for the financial years 2023-2024, 2024-2025, and 2025-2026.