Master Trust acquires Future Colonizers, makes it wholly owned subsidiary via NCLT order

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MASTERTR · price

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹82.00

prior close

₹82.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.9% vs market

Stockbroking & Allied peers, median of 37sector+0.2%-1.0% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.0 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-0.8

15m

-1.3

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.2-0.9+0.2-1.0

Next day

-0.7+0.9-1.6-0.2-0.5

+0.9-0.8+1.7+0.2+0.7

-1.5-0.1-1.4+0.1-1.6

-6.1-1.7-4.4-0.4-5.7

-6.4-4.3-2.1-2.9-3.5

-9.1-7.5-1.7-6.2-3.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Master Trust Limited acquired 100% stake in Future Colonizers & Constructions Limited by subscribing to 5,00,000 equity shares at Rs 10 each, totaling Rs 50 lakh in cash. The acquisition was done via an NCLT-approved Resolution Plan under IBC, 2016. Future Colonizers, a 2008-incorporated real estate firm with zero turnover for the last three years, is now a wholly owned subsidiary of Master Trust.

Likely market impact

Adds a dormant real estate firm as wholly owned subsidiary. No operational impact likely; consideration is small at Rs 50 lakh.