Master Trust Limited — Important, 01-07-2025: Updates

Master Trust has announced a board meeting to discuss the financial results for the quarter and half-year. Its wholly owned subsidiary, Master Capital Services Limited, is entering the mutual fund business by applying for a SEBI mutual fund license to act as a sponsor of an Asset Management Company. This strategic move, with an initial investment of Rs. 50 Cr, aims to leverage Master Trust’s financial experience and tap into India’s growing mutual fund market, currently managing assets worth over Rs. 70 trillion, enhancing the company’s investment services portfolio.