Master Components has withdrawn its proposed merger with Master Moulds for now.

This decision comes as the company needs to update its valuation report with more recent financial statements, adhering to NSE's requirement for financials to be no older than 3 months.

Management plans to re-file the application after preparing the revised documents.

While this causes a delay in the amalgamation process, the company anticipates no adverse impact on shareholders, prioritizing full regulatory compliance.