Indag Rubber to invest up to Rs 14.50 crore in SUN Mobility Investor

Indag Rubber Ltd. | Rubber Products | Agriculture & Allied activities | BSE: 509162 | NSE:

27 Jul 2018 Evaluate

Indag Rubber has received an approval for the investment up to Rs 14.50 crore ($2.1 million) by way of acquisition of 21,00,000 equity shares of $1 each of SUN Mobility Investor (Jersey). The Board of Directors of the company in their meeting held on July 26, 2018, approved the same.

Indag Rubber pioneered the introduction of cold retreading technology in India. The company offers complete range of application specific tread patterns for transportation industry with cost effective tyre solutions.

Peers

Company Name	CMP
Apcotex Industries	609.30
Pix Transmission	1739.30
Rubfila Internatl.	66.31
Tinna Rubber & Infra	1001.45
GRP	1980.05
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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.