Veteran operator-investor Sanjay Gupta takes 35% stake in SG Mart

Sanjay Gupta

Manufacturing veteran Sanjay Gupta, known for his "operator-investor" approach, has taken a significant 35.07% stake in SG Mart Limited. This substantial position, acquired via gift from promoter Sameer Gupta, involves 4.42 crore shares and positions Sanjay Gupta as a promoter in the metal and building materials trading company. The inter-se promoter transfer, executed as a gift, allows for a change in individual promoter holdings without impacting the overall promoter group's control, signaling a strategic internal restructuring. Sanjay Gupta, founder of Sanco Industries, typically backs businesses he deeply understands, focusing on manufacturing and long-term plays. SG Mart, with a market cap of ₹7,405 crore, operates a B2B platform for over 2,500 construction-related products, aligning with Gupta's expertise in the manufacturing and building materials sector.

Malabar India

Malabar India, an FPI known for unearthing multi-year compounders in the small and midcap space, has made a fresh entry into Tanfac Industries. The fund, managed by Sumeet Nagar, picked up 226,605 shares, constituting a 1.07% stake in the specialty chemicals producer. This bet, valued at approximately ₹54.60 crore at a share price of ₹2410.10, signals Malabar's conviction in Tanfac's long-term prospects as a leading manufacturer of hydrofluoric acid and its derivatives. Tanfac Industries is listed on the BSE with the symbol 506854, and on the NSE as TANFACIND.

Government Pension Investment Fund (Japan)

Japan's Government Pension Investment Fund (GPIF), one of the world's largest pension funds, has acquired 613,120 shares of Infosys worth ₹63.11 crore in a block deal on June 24, at a price of ₹1029.30 per share. This comes as Infosys shares have been trading near a five-year low, with the stock down around 35% year-to-date amidst global IT sector concerns, AI disruption fears, and reduced guidance from peers like Accenture. Despite the broader IT slowdown, Infosys reported strong large deal wins totaling $14.9 billion for FY26, signaling ongoing client trust in its digital transformation and AI capabilities.

Ashish Dhawan

Ashish Dhawan, co-founder of ChrysCapital, has increased his stake in financial services firm Religare Enterprises, acquiring 30,30,852 shares through a combination of secondary market purchases and warrant conversion. This move boosts his holding from 4.35% to 5.24% in the ₹9,141 Cr company. Dhawan, known for his deep understanding of financial services and concentrated long-term bets, continues to show conviction in Religare's diverse offerings, which span SME loans, housing finance, and insurance, as India's financial sector expands.

Amansa Holdings

Amansa Holdings, led by Akash Prakash, has upped its stake in specialty chemicals manufacturer Chemplast Sanmar, buying an additional 938,161 shares via an open market transaction. The acquisition, valued at ₹19.1 Cr at current prices, increases the India-focused FPI's holding from 7.02% to 7.62%. This move aligns with Amansa's concentrated, long-term strategy, signalling continued conviction in Chemplast Sanmar's growth prospects within the commodity chemicals sector.