Indsil Hydro Power temporarily suspends operations of Unit 2 in Andhra Pradesh

Indsil Hydro Power and Manganese Ltd. | Ferro & Silica Manganese | Metals & Mining | BSE: 522165 | NSE:

05 Jul 2024 Evaluate

Indsil Hydro Power and Manganese has temporarily suspended the operations of Unit 2 situated at Garbham Village, Vizianagaram, Andhra Pradesh, on July 5, 2024 due to adverse market conditions. The company does not propose to sell the Unit 2 of the company at present.

Indsil Hydro Power and Manganese is engaged in the generation of electricity from their captive hydro electric power plant in Kerala, India. The company is also involved in ferro alloy smelting. The company offers low carbon silico manganese primarily to steel and stainless steel manufacturers in India; and mild steel ingots.

Peers

Company Name	CMP
Nava	552.70
Indian Metal & Ferro	1271.05
Maithan Alloys	1012.05
Indsil Hydro Power	39.38
Shyam CenturyFerrous	5.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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