SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indag Rubber to acquire more than 51% stake in five companies

11 Aug 2016 Evaluate

Indag Rubber has agreed to acquire more than 51% shares or voting rights in five companies - Samyama Jyothi Solar Energy, Poorvaj Solar Energy, SUN Solar KFP Bellari, BG SUN Solar Hiriyur and Arete Elena Energy.

The total investment in above named 5 companies would not exceed more than Rs 30 crore in aggregate. The aforesaid 5 companies are Special Purpose Vehicle (SPV) which are yet to commence its business.

Indag Rubber is a tread manufacturing company. The company is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum, and Rubber Cement, which are used for retreading of tires.



Indag Rubber Share Price

94.36 -0.46 (-0.49%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Apcotex Inds 390.15
Pix Transmission 1525.40
GRP 2001.50
Harrisons Malayalam 211.50
Tinna Rubber & Infra 715.75
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:

×