Master Components Limited
Incorporated in 1999, Master Components Limited is engaged in manufacturing plastic engineering components and sub-assemblies.
What Master files
- Others62
- New Orders43
- Important25
- Board Meeting18
- Dividend/Bonus10
- JV/Acquisition3
Master Components plans to merge Master Moulds for efficiency gains. Master Moulds shareholders will receive 40 Master Components shares for every 1. A meeting for Master Components' 27 unsecured creditors, owed Rs. 5.85 Cr, is scheduled for approval. Promoter group stake will increase to 73.82% post-merger.
Master Components will hold an EGM for shareholders to approve the amalgamation with Master Moulds Private Limited. Book closure and voting cut-off dates are set for this key business integration. Investors should note the upcoming structural changes.
MASTER COMPONENTS has added 7 new machines, now fully operational, marking a new capacity for the company. This ¥ 58.25 millions investment aims to increase business and cater to new and existing client requirements.
NCLT advanced the Master Moulds-Master Components amalgamation. It streamlined the process by dispensing with meetings for Master Moulds' equity shareholders/unsecured creditors and Master Components' secured creditors (Rs. 10.86 Cr). Master Components will issue 40 shares (Rs 10 each) for every 1 Master Moulds share (Rs 100). Further meetings for Master...
Master Components and Prathamesh Industries have formed a 50:50 Joint Venture to manufacture and deal in Sheet Moulding Compound (SMC), Dough Moulding Compound (DMC), and other composites for domestic and international markets. Master Components will invest 0.05 Cr, aiming to expand its business and enter new material segments.