Master Components Limited enters Joint Venture to manufacture Moulding Compounds with Prathamesh Industries (India)
Master Components Limited has entered into a strategic joint venture agreement with Prathamesh Industries (India) Limited aimed at establishing a new company dedicated to the manufacturing and trading of advanced materials. This partnership is part of Master Components' growth strategy, focusing on expanding its business reach in both domestic and international markets.The Joint Venture Agreement was executed by Master Components Limited and Prathamesh Industries (India) Limited on June 4, 2026. The establishment of the proposed Joint Venture Company (JV Company) is set to be completed by September 30, 2026.
The JV Company will focus on the manufacturing, processing, compounding, moulding, buying, selling, importing, exporting, and otherwise dealing in raw materials. This scope specifically includes Sheet Moulding Compound (SMC) and Dough Moulding Compound (DMC), alongside other composites.
Master Components Limited is set to hold a 50% stake in the JV Company, with Prathamesh Industries (India) Limited holding the remaining 50%. The JV Company will be incorporated in India and established as an associate of Master Components Limited.
Partnership Details and Investment
The initiative brings together two companies to meet growing demand in component manufacturing. Master Components contributed Rs. 5,00,000/- toward the paid-up share capital of the proposed JV Company through cash consideration. The initial paid-up share capital for the Joint Venture Company is set at INR 10,00,000/-, with equal contribution from both partners.Key details regarding the joint venture and the involved entities are presented below:
| Feature | Details |
|---|---|
| JV Partners | Master Components Limited and Prathamesh Industries (India) Limited |
| Proposed Business | Manufacturing, processing, compounding, moulding, buying, selling, importing, exporting, and dealing in raw materials like SMC and DMC. |
| Shareholding Split | 50% held by Master Components Limited; 50% held by Prathamesh Industries (India) Limited. |
| Investment by Master Components | Rs 5,00,000/- for 50% equity share capital. |
| JV Company Timeline | Formation expected by September 30, 2026. |
Operational and Financial Standing
The venture is positioned to serve both domestic and international markets in the component manufacturing sector. The operational capabilities of the partner companies reflect significant market presence.A summary of the financial standing and ownership structure includes:
| Particulars | Master Components Limited | Prathamesh Industries (India) Limited |
|---|---|---|
| Financial Focus | Manufacturing of components. | Unlisted Public Limited company. |
| FY 2024-2025 Turnover | Rs 42,40,30,803/- | Rs 71,38,78,326.70/- |
| Role in JV | Holds 50% equity share capital. | Holds 50% equity share capital. |
MASTER Stock Price Movement
Master Components Limited shares held steady today, closing at ₹337.75 after trading identically to its previous close. The stock is classified under the Capital Goods sector and trades within the price band of ₹320.90-₹354.60.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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