Godrej Consumer Products Limited
ICICI Prudential Mutual Fund increased its stake in Godrej Consumer Products Limited from 1.95% to 2.60%, acquiring 66,29,419 shares through a rights issue.
A fast-moving consumer goods manufacturer and marketer, Godrej Consumer produces household and personal care products for Indian and international markets. The company operates across multiple product categories including hair care, fabric care, home hygiene, and wellness through a portfolio of established and emerging brands. It serves diverse consumer segments spanning urban and rural areas through both traditional and modern product innovations.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.