Anupam Rasayan India (ARIL) has received approval for the purchase of 10,000 equity shares of face value of Rs 10 each, of a company named ARIL Fluorospeciality (AFPL), on book value of Rs 1,00,000, aggregating to 100% shareholding of AFPL on the terms and conditions as set out in the Share Purchase Agreement to be entered between the Company, existing shareholders and AFPL (SPA), with no economic benefit to the sellers. Pursuant to the consummation of the acquisition of shares as per the SPA, AFPL shall become a wholly owned subsidiary of the Company.
Objects of acquisition is to carry on the business of manufacturing, processing, developing, converting, trading, storing, packing, transporting, distributing, importing, exporting and disposing of and acting as distributors and agents of all types and kinds of organic and inorganic chemicals, including but not limited to fluorides, specialty fluorine chemicals and their underlying derivatives. The business of AFPL will be similar to the main line of business of the company. The Board of Directors of the company in their meeting held on August 01, 2023 has approved the same.
Anupam Rasayan India (ARIL) is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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