CESC emerges as successful bidder for distribution franchisee in Maharashtra

CESC Ltd. | Power Generation/Distribution | Power | BSE: 500084 | NSE: CESC

04 Jan 2019 Evaluate

Maharashtra State Electricity Distribution, a Government of Maharashtra Undertaking has declared CESC as the successful bidder for appointment as distribution franchisee in respect of Malegaon Municipal Corporation Area under Malegaon Circle in the state of Maharashtra.

CESC is engaged in power generation and distribution in state of West Bengal. The company is a fully integrated power utility with its operation spanning the entire value chain right from mining coal, generating power and distribution of power.

Peers

Company Name	CMP
NTPC	326.20
Tata Power	366.80
Adani Power	203.00
Power Grid Corpn.	269.25
Adani Energy Solut.	1339.40
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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.