Wheels India has received approval to acquire upto 45.06% in the equity share capital of M/s. O2 Renewable Energy XXVI, Maharashtra (O2 Renewable Energy), a renewable power generating Company. The objective of acquisition is to procure Renewable Power under Captive generation scheme.
In order to optimize the consumption of renewable energy, the Board of Directors of the Company at their meeting held on August 23, 2024, inter-alia, approved the acquisition.
Wheels India engages in the design, manufacture, and sale of automobile wheels in India.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 124.80 |
| Tube Investments | 2884.90 |
| Bosch | 38113.50 |
| UNO Minda | 1150.15 |
| CIE Automotive India | 494.10 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: