SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Pioneer Embroideries informs about outcome of board meeting

29 Jul 2022 Evaluate

Pioneer Embroideries has informed that the Board of Directors of the Company at its meeting held today 29th July, 2022 through video conferencing or other audio video mode, to transact the following business: Intimation under SEBI (Listing Obligation & Disclosure Requirements) Regulations,2015. Pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 Board has considered and approved the following: Closure of Company's labour Intensive Embroidery unit at Coimbatore with effect from 31st July, 2022 and Sale of Coimbatore unit assets, with proceeds being utilised for the proposed modem, greenfield manufacturing facility. The meeting of the Board of Directors of the Company commenced at 10.00 am and concluded at 10.30 am. Press Release is also enclosed.

The above information is a part of company’s filings submitted to BSE.

Pioneer Embroideries Share Price

26.14 0.40 (1.55%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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:

×