Asahi India Glass has agreed to make a strategic investment in Timex Group Precision Engineering (TGPEL) (a 100% Subsidiary Company of Timex Nederland B.V.) by acquiring and/ or subscribing to equity shares of TGPEL by March 2018, to be held through a proposed joint venture company, Scopfy Components which is being formed along with other investors. Towards this end, the company has entered into Share Purchase Agreement (SPA) on November 30, 2017 to acquire equity shares as on date from the promoters and other existing shareholders.
Asahi India Glass is the largest glass company in India, manufacturing a spectrum of international quality automotive safety glass, floatglass, architectural processed glass and glass products.
| Company Name | CMP |
|---|---|
| Asahi India Glass | 827.60 |
| Emmvee Photovoltaic | 239.15 |
| Borosil Renewables | 470.95 |
| Borosil Scientific | 115.35 |
| Haldyn Glass | 87.65 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: