Aditya Birla Sun Life Mutual Fund bought 1,402,282 shares of Greenply Industries Limited, acquiring a 1.12% stake. This was part of a rights issue. The stake is worth ₹44.24 Cr based on the latest share price of ₹315.35.
A leading plywood and panel products manufacturer in India, Greenply Industries produces a diverse range of offerings including plywood, blockboards, decorative veneers, doors, and film-faced plywood for residential and commercial applications. Established in 1990, the company operates across the organized plywood segment with vertically integrated manufacturing operations. Its product portfolio serves the construction, furniture, and interior design sectors throughout India.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
