SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kanoria Chemicals acquires stake in Kanoria Africa Textiles

22 Mar 2021 Evaluate

Kanoria Chemicals & Industries has acquired 6,064,491 Equity Shares (15.55% shareholding) in Kanoria Africa Textiles Pic., Ethiopia (KATP), a subsidiary of the Company on March 19, 2021 for a total consideration of $1. KATP has also issued one new Equity Share at par to an Ethiopian resident to ensure the requirements of minimum two shareholders under Ethiopian laws.

Kanoria Chemicals & Industries is a leading manufacturer of chemical intermediates in India.

Kanoria Chem. & Inds Share Price

94.57 0.97 (1.04%)
06-May-2026 09:40 View Price Chart
Peers
Company Name CMP
BASF India 3680.00
Tata Chemicals 818.40
SRF 2643.50
Pidilite Inds. 1386.40
Deepak Nitrite 1771.55
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:

×