Merrill Lynch India buys 13.77 lakh shares of Himatsingka Seide

Himatsingka Seide Ltd. | Textile | Textiles & Apparels | BSE: 514043 | NSE: HIMATSEIDE

08 Dec 2017 Evaluate

Merrill Lynch India Equities Fund (Mauritius) has acquired 13.77 lakh shares of Himatsingka Seide for Rs 332 per share on the BSE on December 7, 2017. However, Leela Devi Himatsingka has offloaded 11.55 lakh shares of the company for Rs 332 per share on the same day.

Himatsingka Seide is in the business of manufacturing natural silk and silk blended fabrics, silk woven yarn, etc. Its product range includes decorative fabrics for home furnishings mainly bed linen, bridal wear, fashion fabrics for men and women wear etc.

Peers

Company Name	CMP
Vardhman Textiles	561.95
Welspun Living	223.70
Arvind	548.00
Raymond Lifestyle	677.40
K.P.R. Mill	1136.75
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.