Canara Robeco Mutual Fund increased its stake in Birlasoft Limited from 1.26% to 1.74%, acquiring 1,350,509 additional shares.
A software development and IT consulting company headquartered in Pune, Birlasoft provides computer programming, consultancy, and related technology services to clients across multiple sectors. The company specializes in serving Banking, Financial Services, Insurance, Life Sciences, Energy, Utilities, and Manufacturing industries with tailored solutions. Part of The CK Birla Group, Birlasoft operates with over 10,000 professionals delivering enterprise-grade consulting and software development capabilities to global customers.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.