SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IFFCO to invest in subsidiary of Swan Energy

23 Aug 2019 Evaluate

Indian Farmers fertilizer Cooperative (IFFCO) is going to invest in Swan Energy’s subsidiary--Triumph Offshore (TOPL). The Board of Indian Farmers fertilizer Cooperative has approved the proposal for making investment of Rs 262.15 crore by subscribing 26.215 crore equity shares of Rs 10 each at par in TOPL, 100% subsidiary of Swan Energy.

In this regard, a ‘Share Subscription and Shareholders Agreement’ (SHA) has been executed between TOPL, IFFCO and the Company.

Post allotment, the shareholding pattern of the TOPL will be: Swan Energy (51.00%) and Indian Farmers fertilizer Cooperative (49.00%).

Swan Energy is engaged in trading in fabric as well as in development of properties. Their activity includes manufacturing and marketing of cotton and polyester sarees and shirtings in India.

Swan Corp Share Price

355.40 6.05 (1.73%)
07-May-2026 16:01 View Price Chart
Peers
Company Name CMP
Welspun Living 132.20
Vardhman Textiles 598.00
Arvind 447.70
K.P.R. Mill 976.85
Page Industries 37265.05
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:

×