SM Auto Stamping gets approval for sale of Bearing Cage Division

SM Auto Stamping Ltd. | Auto Ancillary | Automobiles | BSE: 543065 | NSE:

28 Jun 2022 Evaluate

SM Auto Stamping has received an approval for the sale of Bearing Cage Division (Machinery and Tools) of the Company. The Board of Directors accorded their consent for the same.

The Board also approved the Letter of Credit (LC) Limit with TJSB Sahakari Bank situated at Shop no. 02, Suyojit Sankul, near Rajiv Gandhi Bhavan Sharanpur Road, Nashik as sub limit of existing CC facility.

SM Auto Stamping is a manufacturer of precision sheet metal stamping and deep drawn components such as welded assemblies & press tools.

Peers

Company Name	CMP
SamvardhanaMotherson	165.60
Tube Investments	2519.15
Bosch	48100.00
UNO Minda	1218.00
Bombay Burmah Trdg.	1435.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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