SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Maxwell Industries completes sale of processing unit at SIPCOT

20 Sep 2016 Evaluate

Maxwell Industries has completed the transaction of sale of processing unit at SIPCOT, Erode, Tamil Nadu by receiving balance consideration of Rs 4.34 crore on September 19, 2016. The consideration for this transaction was Rs 4.44 crore, as per the terms and condition set out in the Business Transfer Agreement.

Maxwell Industries is leading Indian company engaged in manufacturing and marketing of innerwear. They are well-known manufacturers of brands like VIP Innerwear, Frenchie, Frenchie X, and VIP Feelings and all of their sub brands.

VIP Clothing Share Price

23.06 1.15 (5.25%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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:

×