Monnet Ispat and Energy has entered into a Share Purchase Agreement (SPA) with Champak Corporate Services, to sell and transfer the entire equity shareholding held by the Company in non-operative, non-material and non-core subsidiaries -- Monnet Sports Foundation and Chomal Exports. Pursuant to execution of the SPA and transfer of shares, the following companies would cease to be subsidiaries of the Company.
Monnet Ispat and Energy is a holding company. The company is engaged in the business of conducting coal mining operations and manufacturing coal-based sponge iron and various other steel/iron-based products.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.25 |
| JSW Steel | 1275.95 |
| SAIL | 173.15 |
| Jindal Stainless | 790.65 |
| APL Apollo Tubes | 2146.80 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: