SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jindal Cotex gets nod to raise upto Rs 200 crore

19 Aug 2011 Evaluate

Jindal Cotex has received an approval to raise funds/capital upto Rs 200 crore by way of issue of equity shares/securities, including Global Depositary Receipts (GDR) and/or American Depositary Receipts (ADR) convertible into equity shares, Foreign Currency Convertible Bonds (FCCBs), Qualified Institutions Placement (QIP) or any instrument or securities representing convertible securities such as convertible debentures, bonds or warrants etc. convertible into equity shares, in one or more tranches, in domestic or Foreign Market(s) as applicable.

The company has received an approval for raising fund at its board meeting held on August 12, 2011. Further, it is subject to the approval of the members and other necessary regulatory approvals etc.

Jindal Cotex is engaged in the business of manufacturing of acrylic, polyester, and polyester-viscose, polyester cotton, combed and carded yarns, which are appropriate for apparels, suitings & knitted fabrics.

Jindal Cotex Share Price

2.60 0.00 (0.00%)
28-Nov-2022 18:01 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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:

×