Mirae Asset Mutual Fund increased its stake in Century Plyboards (India) Limited from 3.40% to 4.38%, acquiring an additional 2,192,602 shares. The value of these additional shares is approximately ₹170.09 crore, based on a share price of ₹775.10.
A manufacturer of engineered wood products including plywood, veneer, laminates, medium density fibre, and particle board. The company serves the furniture, construction, and interior design sectors across India with a diversified portfolio of wood-based materials. Founded in 1982, it operates multiple manufacturing facilities and supplies products for residential, commercial, and industrial applications throughout the country.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.
