SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Emco gets nod to raise funds through various sources

27 Jun 2017 Evaluate

Emco has received an approval to raise funds through various sources. The board of directors at its meeting held on June 26, 2017 has approved for the same. The board has approved for raising of funds up to an amount not exceeding Rs 225 crore by way of Rights Issue/ QIP and/or on preferential allotment basis, an issue any other Securities in one or more combination thereof.

Besides, it has also approved for issue of equity shares up to an amount not exceeding Rs 75 crore to lenders pursuant to conversion of existing loans. The board approved for issue of OCD or any other mode of securities up to an aggregate amount not exceeding Rs 300 crore to lenders pursuant to conversion of existing loans.

Emco is engaged in manufacturing power equipments and is the third largest manufacturer of transformers in India.



EMCO Share Price

1.74 0.00 (0.00%)
26-Oct-2021 18:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
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:

×