SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SRF infuses additional equity share capital in SRF Altech

13 Dec 2023 Evaluate

SRF has infused additional Equity Share Capital in the Wholly Owned Subsidiary ‘SRF Altech’. Pursuant to a Rights Issue made by SRF Altech, the Company had subscribed to 35,50,00,000 fully paid up equity shares of Rs 10 each in cash for an aggregate consideration of Rs 355 crore. This represents 100% of the issue size.

The infusion of funds by way of equity shall be utilized to repay the existing debt of the Wholly Owned Subsidiary without impacting overall projected debt levels for SRF on a consolidated basis.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

SRF Share Price

2551.40 32.20 (1.28%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3651.95
Tata Chemicals 804.85
SRF 2551.40
Pidilite Inds. 1364.45
Deepak Nitrite 1751.80
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:

×