SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shanthi Gears becomes subsidiary company of Tube Investments of India

20 Nov 2012 Evaluate

Shanthi Gears has become subsidiary company of Tube Investments of India, Chennai (TII) as the latter has acquired 2,12,46,122 equity shares of Rs 1 each of the Shanthi Gears on November 19, 2012 from its shareholders, representing 26% of the company’s share capital, pursuant to the Open Offer made by TII under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Further with the above acquisition, TII holds 5,72,96,413 equity shares, representing 70.12% of the company’s share capital. Consequently, Shanthi Gears has become a subsidiary of TII, effective from November 19, 2012.

Shanthi Gears act as consultants in the field of engineering design, advisors and purveyors of technical know-how and applied technology, solution providers and business process outsourcers in the field of engineering design and drawing, software programming etc.

Shanthi Gears Share Price

461.50 2.00 (0.44%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 131.95
Tube Investments 3048.15
Bosch 38138.45
UNO Minda 1178.05
CIE Automotive India 474.85
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:

×