The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the scheme of amalgamation of Master Moulds Private Limited with Master Components Limited . The order, pronounced on June 12, 2026, facilitates the consolidation of the two entities engaged in the manufacturing of engineering tools and components. The appointed date for the scheme is October 1, 2025.

The amalgamation aims to consolidate operative efficiencies, reduce overheads, and optimize administrative expenses. By pooling finances and resources, the combined entity expects to achieve operational rationalization and optimal utilization of resources. The scheme is commercially and economically viable, designed to protect the interests of stakeholders in both companies.

Under the share exchange ratio, Master Components Limited will issue 40 equity shares of Rs. 10 each fully paid-up for every 1 equity share of Rs. 100 each held in Master Moulds Private Limited. The NCLT has dispensed with the meetings of equity shareholders and unsecured creditors of the transferor company, as well as the secured creditors of the transferee company, based on consents obtained via affidavits.

The tribunal has directed that meetings be convened for the equity shareholders and unsecured creditors of Master Components Limited. These meetings must be held on or before 70 days from the uploading of the order on the NCLT portal through video conferencing. Notices will be advertised in the Financial Express and Nav Shakti newspapers at least 30 days prior to the meeting dates.

Share Capital Details

The authorized and paid-up share capital of the applicant companies as on March 31, 2026, is detailed below:

The transferee company has one secured creditor with an outstanding amount of Rs. 10,85,89,691 and 27 unsecured creditors with an outstanding amount of Rs. 5,84,81,469. The transferor company has six unsecured creditors with an outstanding amount of Rs. 6,50,276. The scheme remains subject to applicable regulatory and other approvals.

Master Components Limited has secured a purchase order worth INR 62,54,115.29 for the supply of electrical parts to a domestic company. The order, scheduled for intimation on June 10, 2026, marks a significant business development for the IATF16949:2016 and ISO 9001:2015 certified entity. The company is required to execute the order within 30 days from the date of the purchase order, ensuring a quick turnaround for the client.

Order Details

The transaction involves the supply of electrical parts to a domestic entity, with the name of the client withheld for competitive sensitivity reasons. The broad consideration for the contract amounts to INR 62,54,115.29. The significant terms and conditions include a credit period of 45 days calculated from the date of the Goods Receipt Note (GR).

Regulatory Disclosures

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to the National Stock Exchange of India Ltd. and read with specific SEBI circulars dated September 9, 2015, and July 13, 2023.

The Board of Directors of Master Components Limited confirmed that the promoters, promoter group, or group companies have no interest in the entity to whom the order is awarded. Furthermore, the company clarified that the transaction does not fall under related party transactions.