Jyothy Labs Limited
Mirae Asset Mutual Fund trimmed its stake in Jyothy Labs from 2.40% to 1.88%, selling 19,29,085 shares.
A diversified household products manufacturer headquartered in Kerala, Jyothy Labs produces fabric care, dishwashing, household insecticides, and personal care products across multiple consumer segments. The company holds established market positions through well-recognized brands including Ujala in post-wash care, and Pril and Exo in dishwashing segments. Founded in 1983, it serves the domestic FMCG industry with a comprehensive product portfolio catering to millions of households.
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.