SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Maximus International’s arm buys additional 49% stake in Quantum Lubricants

16 Sep 2022 Evaluate

Maximus International’s wholly owned subsidiary -- MX Africa (MXAL) (Nairobi - Kenya) has entered into a Share Purchase Agreement on September 14, 2022 with SKG Energy and purchased additional 49 number of equity shares in Quantum Lubricants (E.A.) (QLL) (Nairobi - Kenya) (Constituting 49% of equity share Capital of QLL) thereby making QLL as wholly owned subsidiary of MXAL. 

The acquisition is subject to customary closing conditions, which are expected to be completed within 2 months from September 14, 2022. QLL has a manufacturing set up in Kenya. This acquisition will place MXAL in the capacity of sole ownership for effective decision making for market expansion, product mix, client acquisition, supply chain management, etc.

Maximus International is primarily engaged in the business of importing and exporting lubricant oils, different types of base oils and other chemical products used mainly in the Automobile Industry, Power Industry and Metal manufacturing among others.


Maximus Internatl. Share Price

9.87 0.12 (1.23%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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:

×