SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Spencers Retail seeks shareholders’ approval to raise Rs 350 crore

25 Jun 2019 Evaluate

Spencers Retail has sought shareholders’ approval to raise Rs 350 crore, by using movable or immovable properties of the firm as collateral. Keeping in view the company's existing and future fund requirements to support its business operations, the company proposes to borrow funds from financial institutions, banks, NBFCs and other lenders for an amount up to Rs 350 crore.

The company has also sought shareholders’ approval to invest Rs 250 crore for further expansion and investment through a special resolution.

Spencers Retail is a multi-format food-first retailer providing a wide range of quality products to discerning young customers - well-travelled citizens of the world, looking out for authentic flavors and experiences in a fun-filled shopping environment.

Spencers Retail Share Price

34.72 -0.22 (-0.63%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4587.30
Trent 4393.45
Vishal Mega Mart 123.40
Aditya Birla Lifesty 106.54
PN Gadgil Jewellers 666.25
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:

×