MoneyWorks4Me

V-Guard Industries gets nod for acquisition of minority stake in Gegadyne Energy Labs

15 Jan 2021 Evaluate

V-Guard Industries’ Board has approved the acquisition of a minority stake (18.77%) in Gegadyne Energy Labs (GEL) for a cash consideration of Rs. 33.4 crore.

V-Guard envisages start-up collaboration as one of the routes to participate in emerging technologies and building product capabilities for fueling future growth. GEL investment is a stepping-stone in this direction and signifies V-Guard's willingness to move into cutting edge technology space and its growing focus on creating disruptions in established businesses. V-Guard foresees potential in GEL's alternative battery technology for various primary applications like DUPS / Energy storage in addition to secondary applications in other products of its existing portfolio.

V-Guard industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.

V-Guard Inds. Share Price

333.00 -0.05 (-0.02%)
19-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1278.00
Apar Industries 16607.65
Suzlon Energy 46.78
Siemens 3880.10
ABB India 7400.00
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: