Shanthi Gears enters into agreement with Shreeji Metazine

Shanthi Gears Ltd. | Auto Ancillary | Automobiles | BSE: 522034 | NSE: SHANTIGEAR

19 Jan 2023 Evaluate

Shanthi Gears has entered into an agreement with Shreeji Metazine LLP for purchase of Land and buildings at Sanand, Gujarat for expansion of its Gear manufacturing and servicing activities. The company has been actively exploring the growth opportunities. In order to meet business requirements from West & North region, the company is exploring the opportunity for buying plants in Sanand.

Shanthi Gears -- a subsidiary of Tube Investments of India -- is a pioneer in gear manufacturing and ranks amongst India’s top gear manufacturers.

Peers

Company Name	CMP
SamvardhanaMotherson	164.00
Tube Investments	2650.00
Bosch	48602.60
UNO Minda	1223.50
Bombay Burmah Trdg.	1436.50
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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
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.