SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

DCW to acquire 28.96% stake in SPV

06 Dec 2023 Evaluate

DCW has executed a Share Subscription and Shareholders' Agreement (SSSHA) with Kaze Renewables (SPV/Power Producer) and Cleantech Solar India OA 2 Pte. for subscribing 24,41,875 Equity Shares of face value of Rs 10 each at a premium of Rs 70 (Equity Shares) which is equivalent to 28.96% of the paid-up capital of SPV, as captive user of the Project. Pursuant to the subscription of Equity Shares, SPV will become an 'associate' of the Company.

Subscription of equity Shares in SPV will enable the Company to consume solar power generated by SPV as a 'captive user'. The SPV will establish two Renewable Power Plants in Tamil Nadu having combined captive capacity of 44.5 MWp under Captive Power Scheme, which will enable the Company to source solar power from the said SPV for its manufacturing plant(s) located in the State of Tamil Nadu.

DCW is a diversified manufacturer of basic chemicals, such as:  Caustic Soda, Liquid Chlorine and Chlorine based products.

DCW Share Price

49.41 -0.97 (-1.93%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
SRF 2709.30
BASF India 3492.00
Tata Chemicals 729.50
Pidilite Inds. 1579.50
Deepak Nitrite 1645.10
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: