Aditya Birla Sun Life Mutual Fund decreased its stake in SBFC Finance from 5.18% to 5.14%, selling 3,25,344 shares.
A systemically important non-banking financial company incorporated in 2008, SBFC Finance offers secured lending solutions primarily to micro, small, and medium enterprises across India. The company specializes in MSME loans and loans against gold, serving underserved borrower segments with customized credit products. Its focus on collateral-backed lending models and dedicated support for small business financing distinguishes it within the competitive NBFC sector.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
