Master Components Limited Approves Key Decisions for Scheme of Amalgamation with Master Moulds Private Limited
Master Components Limited announced key outcomes from its Board meeting held on June 29, 2026, related to the ongoing scheme of amalgamation involving the transferor company, Master Moulds Private Limited. The Board approved critical steps required under the NCLT direction concerning the consolidation of the two entities.The decisions include approving the notice for the Extraordinary General Meeting (EGM) of shareholders and the meeting of unsecured creditors, both scheduled for August 3, 2026. The EGM is set to be held at 11:00 a.m. through Video Conferencing (VC) or other Audio-Visual Means (OAVM), while the unsecured creditor meeting is scheduled for 4:00 p.m., also conducted via VC/OAVM.
The company's Board of Directors confirmed that they noted the receipt of the NCLT Order dated June 12, 2026, which pertains to the Scheme of Amalgamation of Master Moulds Private Limited with Master Components Limited. The meeting decisions included appointing Scrutinizers and Chairpersons for both the shareholders and unsecured creditors meetings as per the direction of the NCLT order.
Financial Standing and Stakeholders Status (as on 31.03.2026)
The company provided details regarding the financial status and shareholder composition of the two applicant companies, highlighting their operational and capital structures prior to the amalgamation.| Company Name | Authorized Share Capital | Issued and Paid-up Share Capital |
|---|---|---|
| Master Moulds Private Limited (Transferor) | 50,00,000 equity shares of Rs.100/- each (Total: 50,00,000) | 30,00,000 equity shares of Rs.100/- each (Total: 30,00,000) |
| Master Components Limited (Transferee) | 45,00,000 equity shares of Rs.10/- each (Total: 4,50,00,000) | 40,00,000 equity shares of Rs.10/- each (Total: 4,00,00,000) |
Amalgamation Details and Creditor Status
The NCLT order reviewed by the Board noted that Master Moulds Private Limited has eight equity shareholders, all of whom provided consent via affidavits. Furthermore, as of March 31, 2026, it was stated that the Transferor Company does not have any secured creditors.For the Transferee Company, details regarding stakeholders and financial commitments were confirmed:
- Secured Creditors: As of March 31, 2026, Master Components Limited had one secured creditor with an outstanding amount of Rs.10,85,89,691/- (Ten Crore Eighty-Five Lakh Eighty-Nine Thousand Six Hundred and Ninety-One Rupees), who provided consent.
- Unsecured Creditors: The Transferee Company has 27 unsecured creditors with a combined outstanding amount of Rs.5,84,81,469/-(Five Crore Eighty-Four Lakh Eighty-One Thousand Four Hundred and Sixty-Nine Rupees).
The Board meeting also fixed the record dates for the upcoming NCLT meetings concerning shareholders and unsecured creditors. These appointments were made in response to the scheme's progression following the NCLT order.
MASTER Stock Price Movement
As of 10:27 AM, Master Components Limited's stock holds steady at ₹346.05, maintaining a flat trading performance in live markets. The equity currently trades within a wide intraday range, fluctuating between a low of ₹328.75 and a high of ₹363.35.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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