Bandhan Mutual Fund decreased its stake in Pondy Oxides & Chemicals from 1.73% to 1.35%, selling 116,800 shares. The transaction value is approximately ₹16.03 crore based on a share price of ₹1368.00.
A manufacturer of lead metal, alloys, and non-ferrous metals serving diverse industrial applications across India. Incorporated in 1995, the company specializes in producing high-quality lead-based products and related chemical compounds for multiple sectors. Pondy Oxides operates as a key supplier in the diversified metals industry, catering to battery manufacturers, construction companies, and various industrial users requiring specialized metal products and solutions.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
