SRF Limited
Kotak Mutual Fund took a new position in SRF Limited, acquiring 14,458,929 shares for a 4.88% stake. The total value of the investment is approximately ₹3,964.57 Cr based on SRF's share price of ₹2,741.60.
A diversified chemical manufacturer, SRF produces technical textiles, specialty chemicals, packaging films, aluminum foils, and polymer solutions for industrial and consumer applications. Established in 1970, the company operates across multiple business segments serving automotive, pharmaceutical, food processing, and industrial sectors. SRF caters to customers in both domestic and international markets through its vertically integrated manufacturing operations and distribution network.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.