MoneyWorks4Me

Shyam Metalics and Energy enters into SPA with Dorite Tracon

09 Sep 2021 Evaluate

Shyam Metalics and Energy has entered into Share Purchases agreement (SPA) with Dorite Tracon and/ or Shyam Sel & Power to sell and transfer the entire equity stake held by company in Subsidiaries/ Step down Subsidiaries and Associate Company. The company has entered into Share Purchases agreement to sell and transfer the entire equity stake in Damodar Aluminium, Singhbhum Steel & Power, Renaissance Hydro power, Kalinga infra Project – Subsidiaries companies, Meadow Housing, Harshva Warehousing and Storage -- Step down Subsidiaries and in Kecon Trade care -- Associate Company. Pursuant to the same, all the above companies would ceased to be subsidiaries of the Company.

Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.

Shyam Metalics&Ener Share Price

990.15 1.40 (0.14%)
18-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 185.20
JSW Steel 1280.00
Steel Authority 170.40
Jindal Stainless 731.90
APL Apollo Tubes 2112.70
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: