SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

M&M completes acquisition of balance 12.61% stake in MWTESL

31 Dec 2022 Evaluate

Mahindra & Mahindra (M&M) has completed acquisition of the balance 12.61% stake in Mahindra Waste To Energy Solutions (MWTESL) from present and ex-employees of the company and as on date, the company holds 100% of the paid-up Equity Share Capital of MWTESL. Total acquisition cost is upto Rs 3.5 crore (upto 37,84,158 equity shares at a price not exceeding Rs 9.24per equity share). MWTESL is engaged in conversion of municipal waste to bio-CNG through bio-methanation.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Mahindra & Mahindra Share Price

3199.35 -22.00 (-0.68%)
17-Apr-2026 16:59 View Price Chart
Peers

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:

×