Al Mehwar Commercial Investments bought 3,90,008 shares of Hindware Home Innovation Limited for ₹8.23 Cr at ₹210.91 apiece, increasing its stake from 4.95% to 5.42% and crossing the 5% disclosure threshold.
A leader in building products and consumer appliances across India, Hindware Home Innovation manufactures bathware, premium tiles, plastic pipes, and fittings through its building products division. The company offers kitchen and home appliances under the Hindware Smart Appliances brand, while also producing advanced water heaters through Hintastica, a joint venture with Groupe Atlantic. This multi-segment approach positions the company across essential categories of modern household infrastructure and living solutions.
Al Mehwar Commercial Investments is an Abu Dhabi-based investment entity, linked to the Abu Dhabi Investment Council, that holds stakes in Indian listed companies.
