S. P. Apparels Limited
Mahindra Manulife Mutual Fund decreased its stake in S. P. Apparels Limited from 1.62% to 1.40%, reducing its shareholding from 406,645 to 350,737 shares.
A leading manufacturer and exporter of knitted garments for infants and children, established in 1989. The company operates vertically integrated facilities that provide comprehensive end-to-end garment manufacturing services, spanning from greige fabric production to finished products including bodysuits, sleepsuits, tops, and bottoms. Its integrated operations enable superior quality control and efficient production capabilities across the entire manufacturing process.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.