SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Borosil Renewables informs about updates on acquisition

30 Mar 2024 Evaluate
Borosil Renewables has informed that the Company has acquired 5,874 shares of face value of EUR 1000 each, at a price of EUR 1078.82, aggregating to EUR 63,37,195, of Laxman AG, a wholly owned subsidiary of the Company. These shares have been acquired pursuant to the conversion of outstanding loans (including the accrued interest) granted by the Company to Laxman AG. Being a wholly owned subsidiary, there is no change in the shareholding percentage of the Company in Laxman AG, pursuant to this investment. The detailed disclosure with respect to the acquisition as required under Regulation 30 read with Para A (1) of Part A of Schedule III of the Listing Regulations and the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as ‘Annexure -I’.

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

Borosil Renewables Share Price

492.85 -5.65 (-1.13%)
20-Apr-2026 16:59 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:

×