SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Federal-Mogul Goetze (India) informs about open offer

02 Jan 2020 Evaluate

Federal-Mogul Goetze (India) has informed that the recommendations of the Committee of Independent Directors on the Open Offer to the Shareholders of the Target Company under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto, duly signed by the Chairman of the Committee of Independent Directors, for acquisition of up to 13,916,676 fully paid-up equity shares of face value of Rs 10 each, representing approximately 25.02% of the total equity share capital of Target Company on a fully diluted basis, from the eligible equity shareholders, by Tenneco Inc. (Acquirer) together with Icahn Enterprises LP (IEP), American Entertainment Properties Corp. (AEP) and IEH FMGI Holdings LLC (IEH) (collectively known as PACs) has been published today in Business Standard (English), Business Standard (Hindi) and Jansatta (Regional Language Daily Hindi) newspapers dated January 02, 2020, copies of the same are enclosed.

The above information is a part of company’s filings submitted to BSE.

Federal-Mogul Goetze Share Price

443.65 -6.50 (-1.44%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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:

×