Advance Metering Technology acquires 51% stake in R S Infosystems

Advance Metering Technology Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 534612 | NSE: AMTL

24 Oct 2013 Evaluate

Advance Metering Technology has acquired 51% stake in R S Infosystems at a total cost of Rs 30.09 million. R S Infosystems is in the process of completing its project for building an office complex in Noida Uttar Pradesh.

Advance Metering Technology engages in the generation of power from renewable energy sources in India. The company focuses on producing electricity through wind, hydro, bio-fuel, and solar energy sources. It also manufactures a range of energy meters, as well as provides energy audit/management services.

Peers

Company Name	CMP
Bharat Heavy Elect.	433.25
Thermax	3580.95
Kirloskar Industries	3718.60
Skipper	560.60
INDO-MIM	1163.60
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
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
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.