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Master Trust' arm completes 100% acquisition of step down wholly-owned subsidiary; Stock dips 1.5%

24 Mar 2022 , 10:59 AM

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“Master Infrastructure and Real Estate Developers Limited”, wholly-owned subsidiary of Master Trust Ltd has completed the acquisition of 100% equity shares of “Mastertrust Wealth Private Limited”.

Accordingly, Mastertrust Wealth Private Limited has become wholly owned subsidiary of “Master Infrastructure and Real Estate Developers Limited” and a Step down wholly owned subsidiary of the Company w.e.f 23.03.2022.

“Mastertrust Wealth Private Limited” is engaged in Dealing in Securities and Financial Services & Advisory etc.

At around 11:00 AM, Master Trust was trading at Rs144 apiece down by Rs2.3 or 1.57% on the BSE.

Related Tags

  • acquisition
  • Master Infrastructure and Real Estate Developers Limited
  • Master Trust Ltd
  • Master Trust Ltd shares
  • Master Trust Ltd stocks
  • Mastertrust Wealth Private Limited
  • news
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