Godrej Agrovet Limited
Nippon India Mutual Fund entered Godrej Agrovet with 40,21,039 shares, a 2.09% stake worth ₹228.3 Cr.
An agri-business company dedicated to improving farmer productivity through innovation and research and development across multiple segments. Godrej Agrovet operates in animal feed, crop protection, oil palm, dairy, poultry, and processed foods, holding leading market positions in each business. The company develops sustainable solutions designed to increase crop and livestock yields for Indian farmers while advancing agricultural productivity across the nation.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.