SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Clarification from Falcon Tyres

30 Jul 2015 Evaluate

With reference to the news article in Business Standard July 28, 2015 captioned ‘ICICI Bank puts Tulip Telecom & Falcon Tyres loans on the block’, Falcon Tyres has clarified that they are not aware of any such development that ICICI Bank is putting Falcon Loans on the block till it came out in the news paper, they re-iterate that there was no such discussion between ICICI bank and Falcon Management of such movement, further, please note that there is/was no information which the company was under obligation or required to announce or provide to the Stock Exchange under clause 36 of the Listing Agreement and which was not so announced or provided, Share price movements upward/downward are market driven and the company does not have any connection with such movements and news published in said news paper does not have impact on operation/performance of the company too.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
MRF 134652.95
Apollo Tyres 432.30
CEAT 3703.30
Balkrishna Inds. 2264.90
JK Tyres & Inds. 418.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×