SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SRF loses litigation pertaining to stamp duty

26 Sep 2019 Evaluate

Supreme Court of India has passed an order dismissing Special Leave Petition filed by SRF against the order of the Division Bench of Madhya Pradesh High Court, Gwalior Bench per which the High Court had set aside the order of Single Bench of Madhya Pradesh High Court, Gwalior.

Accordingly, the order of Collector of Stamps, Bhind (Madhya Pradesh) assessing a stamp duty of Rs 23.73 crore with a penalty of Rs 5.09 crore on the Deed of Conveyance dated June 13, 1996 executed in relation to acquisition of captioned division from CEAT was revived. Therefore, the demand of Rs 28.82 crore raised by the Collector of Stamps, Bhind (Madhya Pradesh) stands confirmed.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

SRF Share Price

2780.75 8.85 (0.32%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 4035.90
Tata Chemicals 782.10
SRF 2780.75
Pidilite Inds. 1476.15
Deepak Nitrite 1875.25
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:

×