SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Capital’s arm acquires stake in RUSPL

17 Aug 2019 Evaluate

Reliance Capital’s subsidiary -- Reliance Corporate Advisory Services (RCASL) has acquired 1,39,999 (about 49.99%) equity shares of Reliance Underwater Systems (RUSPL) by way of subscription. The cost of acquisition is Rs 0.14 crore. RUSPL has become subsidiary of the company consequent to same becoming subsidiary of RCASL. RUSPL proposes to undertake manufacturing of vessels.

Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.

Reliance Capital Share Price

11.79 0.00 (0.00%)
26-Feb-2024 16:59 View Price Chart
Peers

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:

×