SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

LKP Finance informs about outcome of board meeting

03 Feb 2024 Evaluate
LKP Finance has informed that the Board of Directors at its Meeting held today, considered and approved the following: To sell, transfer or otherwise dispose, in one or more tranches, entire investment 9,95,000 equity shares of Rs. 100 each held by the Company in its wholly owned subsidiary Bond Street Capital (Transaction No. 1). Post which, Bond Street Capital will cease to be wholly owned subsidiary of the Company; Divestment in one or more tranches, of investments of the Company in unlisted/ listed Equity Shares. (Transaction No. 2); Divestment in one or more tranches, of investments of the Company in unlisted / listed - Mutual Fund, Government Securities, Debentures, Bonds, Equity Shares, Alternate Investment Funds and other Securities. (Transaction No. 3), Sale/ Transfer of immovable property of the Company situated at Mumbai. (Transaction No. 4), Assignment of debt to be received from United Breweries (Holdings) (under liquidation) and 4604.94 units held in Edelweiss Infra Yield Plus Fund (AIF) to related party / others. (Transaction No. 5), Share Purchase and Transfer of Control Agreement between the Company, Specified Promoters of the Company –Mahendra V. Doshi, Mahendra V. Doshi (through LK Panday- partnership firm), Pratik M. Doshi, Ira P. Doshi, Samaya P. Doshi, (Shital A. Sonpal, Sea Glimpse Investments and, Bhavana Holdings,] and Acquirer -Mufin Green Finance and Kapil Garg] pursuant to which the Acquirer proposes to acquire from Specified Promoters up to 56,96,312 equity shares (45.32%) on a fully diluted basis of the Company in one or more tranches, held by the Specified Promoters for consideration of Rs 250 per share and its related rights and obligations. (Transaction No. 6); Constitution of a committee of Independent Directors pursuant to the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The above information is a part of company’s filings submitted to BSE.

Gyftr Share Price

196.35 -5.05 (-2.51%)
11-May-2026 13:04 View Price Chart
Peers

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:

×