Master Components has secured a purchase order worth approximately ₹29.7 lakh from a domestic company for the supply of Thermoset components. The order, which is not a related party transaction, is scheduled for execution by August 25, 2026. This development was disclosed to the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The significant terms of the agreement stipulate that payment will be made within 30 days after the billing date. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the order. The name of the domestic client was not disclosed due to competitive sensitivity reasons.

Order Details

The disclosure provided specific details regarding the nature and timeline of the contract:

The filing was signed by Shrikant Hanamant Joshi, Managing Director and Chairman of Master Components, on June 29, 2026.

Master Components Limited will convene a meeting of unsecured creditors on August 3, 2026, via video conferencing to seek approval for the amalgamation of Master Moulds Private Limited with the company. The meeting, scheduled for 04.00 P.M., follows an order from the National Company Law Tribunal (NCLT), Mumbai Bench, dated June 12, 2026, and is conducted pursuant to Sections 230 to 232 of the Companies Act, 2013.

The amalgamation scheme entails a share exchange ratio where Master Components Limited will issue 40 equity shares of ₹10 each for every 1 equity share of ₹100 each held in Master Moulds Private Limited. The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and participation through video conferencing. The remote e-voting period commences on July 31, 2026, at 9:00 A.M. and concludes on August 2, 2026, at 5:00 P.M.

Meeting and Voting Details

The NCLT has appointed Mr. Ganapathi Mala Joshy, Independent Director, and in his absence, Mr. Vishal Jayantibhai Patel, Independent Director, as the Chairperson for the meeting. M/s Kulkarni Padekar & Co, Company Secretaries, has been appointed as the scrutinizer. The scheme requires approval by a majority of persons representing three-fourths in value of the unsecured creditors.

The notice and explanatory statement are available on the company’s website at https://master-group.in/ and the NSDL website. The result of the e-voting will be declared on or before August 5, 2026.