SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

AJR Infra and Tolling gets nod to sell stake in Elgan India Martrade

19 Mar 2024 Evaluate

AJR Infra and Tolling has received approval from board of directors of the company to sell and transfer 21,43,950 equity shares of Rs 10 each ie. 30.90% equity stake held by the Company in Elgan India Martrade (formerly Eversun Sparkle Maritime Services) (Elgan India), associate of the Company to Mogra Investments (MIPL) for a total consideration of Rs 4.09 crore on the terms and conditions as contained in the draft SPA to be executed between the Company, Elgan India and MIPL. The Company is yet to execute the Share Purchase Agreement.

The Board of Directors of the Company at its meeting held on March 18, 2024, has approved the same. 

AJR Infra and Tolling is an infrastructure project development company incorporated by Gammon India. 

AJR Infra and Toll Share Price

0.68 0.00 (0.00%)
03-Oct-2023 18:03 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3925.10
Rail Vikas Nigam 268.80
NCC 150.70
KEC International 559.30
Kalpataru Projects 1171.30
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:

×