SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Walchandnagar Industries to acquire around 60.3% stake in AiCitta Intelligent Technology

05 Mar 2025 Evaluate

Walchandnagar Industries has received approval from Board of Directors to acquire majority stake in AiCitta Intelligent Technology (Aicitta), a company engaged in R&D and manufacture of Unmanned Ground Vehicles (UGVs).

As part of the deal, the company will acquire around 60.3% stake and the transaction is expected to be completed over a period of time. With this deal, Aicitta will be a wholly-owned subsidiary of Walchandnagar Industries. This foray into next-generation defence technologies, which have proven effective in recent global wars, will provide the next leg of growth opportunities for the company.

The board of directors of the company at their meeting held on March 04, 2025, has, approved the same.  

Walchandnagar Industries (WIL) is an ISO 9001: 2015 certified Indian company with global presence and diversified business portfolio in Projects, Products and High-tech Manufacturing. The company has established its name as one of the best in its operational areas.

Walchandnagar Inds Share Price

187.70 -1.10 (-0.58%)
16-Apr-2026 12:39 View Price Chart
Peers
Company Name CMP
BHEL 294.00
Thermax 4130.95
Kirloskar Oil Eng 1611.35
Skipper 400.00
GMM Pfaudler 921.00
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:

×