HDFC Mutual Fund bought 1,206,919 shares of Dodla Dairy Limited for ₹131.74 Cr at ₹1091.55 apiece, increasing its stake from 5.34% to 7.34% and crossing the 5% disclosure threshold.
An integrated dairy company based in Telangana, Dodla Dairy processes and markets milk and value-added dairy products under established consumer brands. The company operates milk chilling centers across five states and distributes products in eleven states through retail channels. Its manufacturing facilities hold ISO certifications for food safety and energy management standards.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
