SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

V-Guard Industries acquires entire stake in Sunflame Enterprises

13 Jan 2023 Evaluate

V-Guard Industries has completed the acquisition of 100% shareholding of Sunflame Enterprises (SEPL) for an aggregate consideration of Rs 680.33 crore computed after the closing adjustment as described in the Share Purchase agreement dated December 9, 2022. Out of the total consideration computed, an aggregate amount of Rs 25 crore will be paid to the selling shareholders after two years from the date of closure. Accordingly, Sunflame Enterprises has become a Wholly Owned Subsidiary of the Company with effect from January 12, 2023.

The acquisition is in line with V-Guard's strategy to become a significant player in the domestic Kitchen Appliances segment. The Sunflame brand has a pan India presence with a strong brand recall. SEPL's wide portfolio, product development capabilities and the recently established state-of-the-art integrated manufacturing facility provide the perfect opportunity for V-Guard to scale up its Kitchen Appliances business while also unlocking synergy benefits. The transaction would be funded through a mix of internal accruals and debt.

V-Guard Industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.

V-Guard Inds. Share Price

334.25 4.25 (1.29%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1256.25
Siemens 3830.55
Apar Inds 12453.25
ABB India 7245.55
Waaree Energies 3139.55
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:

×