SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Pondy Oxides gets nod for investment in Meloy Metals

05 Sep 2017 Evaluate

Pondy Oxides & Chemicals has received an approval for investment of not less than 51% and subject to maximum of 60% in the post equity of 7,20,000 shares of the face value of Rs 100 each with a premium of Rs 100 each in Meloy Metals for a value not exceeding Rs 8.65 crore. The board of directors at its meeting held on September 4, 2017 has approved for the same. By virtue of the proposed investment, Meloy Metals shall become subsidiary of the company from the date of allotment of shares.

Pondy Oxides & Chemicals manufactures metal oxides and plastic additives. The company produces zinc oxide, lead sub oxide, litharge red lead, and liquid stabilizers of polyvinyl chloride (PVC).


Pondy Oxides & Chem. Share Price

1210.55 -26.20 (-2.12%)
20-Apr-2026 12:09 View Price Chart
Peers
Company Name CMP
Hindalco 1019.50
Vedanta 776.70
Hindustan Zinc 589.55
Jain Resource Recycl 411.30
Gravita India 1679.95
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:

×