SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Havells India shines as its arm proposes to divest 80% stake in Havells Sylvania Malta BV

10 Dec 2015 Evaluate

Havells India is currently trading at Rs. 304.50, up by 21.90 points or 7.75% from its previous closing of Rs. 282.60 on the BSE.

The scrip opened at Rs. 280.50 and has touched a high and low of Rs. 307.70 and Rs. 280.50 respectively. So far 1005217 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 346.15 on 10-Dec-2014 and a 52 week low of Rs. 235.60 on 09-Nov-2015.

Last one week high and low of the scrip stood at Rs. 307.70 and Rs. 275.10 respectively. The current market cap of the company is Rs. 19137.37 crore.

The promoters holding in the company stood at 61.63 % while Institutions and Non-Institutions held 26.77% and 11.59% respectively.

Havells India’s (Havells) wholly owned subsidiary -- Havells Holdings has proposed to enter into definitive agreement with Shanghai Feilo Acoustics (Feilo) to divest 80% stake in Havells Sylvania Malta BV, subject to shareholders and related approvals. Feilo is a leading listed company with key shareholding held by Inesa, a State Owned Enterprise (SoE) of Shanghai Government. Havells Holding, Isle of Man would continue to hold remaining with exit options in next 3-5 years.

Further, Havells India proposes to divest 80% stake in its wholly owned subsidiary -- Havells Exim, Hongkong. The combined equity value for 100% stake for both companies is Euro 186 million (Rs 1340 crore), subject to adjustments, if any. Havells cumulative investment value stands at Rs 980 crore.

There are certain carve outs from the transaction. The proposed combination with Feilo would bring much requisite technology and scale to Sylvania. It would be in greater interest of Sylvania, its employees, customers and vendors. Sylvania would be well positioned to capitalize upon emerging opportunities in disruptive global lighting industry. Havells Holding, Isle of Man would continue to partner and work along with Feilo to realize their shared vision of a stronger, bigger and global Sylvania.

Havells India is a leading FMEG Company with a strong global footprint. It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Pumps, Fans, Modular Switches, Home Appliances, Electric Water Heaters, Power Capacitors, CFL Lamps etc.

 

Havells India Share Price

1230.25 -25.25 (-2.01%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1230.25
Siemens 3604.70
Apar Inds 12844.45
ABB India 6382.45
Waaree Energies 3209.05
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:

×