BLS International, Ethos and Ashiana Housing to see some action today

The Federal Bank Ltd. | Bank - Private | BFSI | BSE: 500469 | NSE: FEDERALBNK

16 Mar 2023 Evaluate

BLS International Services’ Subsidiary -- BLS E-Services has acquired additional equity shares of Zero Mass (ZMPL) from the existing shareholder of ZMPL by means of Share Transfer Agreement dated March 14, 2023. Post this acquisition, BLS E-Services is holding aggregate of 90.942 % of the paid-up equity share capital of ZMPL.

Ethos has entered Bhopal with the launch of its first multi-brand boutique in the city, spread across an area of 506 sq. ft. located at DB City Mall, Maharana Pratap Nagar. Earlier, the company had launched its latest multi-brand boutique spread across an area of 941 sq. ft. located at ML Acropolis Mall in Siliguri, West Bengal.

Ashiana Housing has commenced booking of units in phase 1 and phase 2 of the project ‘Ashiana Ekansh’. So far, it has booked 130 units (Sale Value: Rs 102.76 crore, Area Booked- 2,14,240 sq. ft). ‘Ashiana Ekansh’ phase 1 and phase 2 is a Premium Homes project wherein it has launched 240 units (out of a total 280 units) of 2 BHK, 3 BHK and 4 BHK, with total saleable area of 4.08 lakh sq. ft., located at Jaipur (Rajasthan).

Federal Bank is planning to raise funds by way of issue of Unsecured Basel III Tier-II Subordinate Bonds in the nature of Debentures, amounting up to Rs 1000 crore on a private placement basis. The meeting of the Board of Directors of the Bank is scheduled to be held on March 18, 2023, to consider and approve the same.

East West Holdings (Through Wholly owned Subsidiary (WOS) East West Freight Carriers) has secured a contract for 1 year from The Indian Institute Of Petroleum, Dehradun which is one of the 37 constituent laboratories of the Council of Scientific and Industrial Research, dedicated to R&D in the hydrocarbon sector. Under this contract, the company will provide Customs Clearance Services to The Indian Institute Of Petroleum, Dehradun.

Refex Industries has received approval from the Ministry of Corporate Affairs to incorporate the Subsidiary of the Company in the name of 'Refex Green Mobility’ on March 14, 2023. The Ministry of Corporate Affairs, has issued a Certificate of Incorporation for the same.

The Ministry of Environment, Forest and Climate Change (MoEF&CC) has granted the Environment Clearance to NACL Multichem (a Wholly Owned Subsidiary of NACL Industries) with respect to its proposed establishment of manufacturing facility at Ranastalam Mandal, Srikakulam District, Andhra Pradesh, for manufacturing of various Agrochemicals, Synthetic Organic chemicals and Fluorine based chemicals with a production capacity of 264.615 TPD and Co-Generation Power Plant (6MW).

Federal Bank Share Price

293.10 0.55 (0.19%)

06-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	796.60
ICICI Bank	1279.45
Axis Bank	1296.10
Kotak Mahindra Bank	376.20
Indusind Bank	946.50
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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
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: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 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.