SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IndusInd Bank acquires over 70 lakh shares in Mcleod Russel

26 Jun 2021 Evaluate

IndusInd Bank has acquired over 70 lakh shares in tea company Mcleod Russel after invoking pledged shares of the company to recover its dues.

Equity shares of the tea company, held by Ichamati Investments, were pledged with the bank for securing the outstanding dues of borrower Mcleod Russel India (MRIL).

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Indusind Bank Share Price

862.25 10.15 (1.19%)
21-Apr-2026 10:50 View Price Chart
Peers
Company Name CMP
HDFC Bank 804.25
ICICI Bank 1379.00
Axis Bank 1372.70
Kotak Mahindra Bank 380.95
Indusind Bank 862.25
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:

×