Asian Paints Limited
UTI Mutual Fund, which previously held a 1.16 percent stake in Asian Paints Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of its holding below the 1 percent reporting requirement.
India's largest home decor company, Asian Paints manufactures and sells wall paints, coatings, waterproofing solutions, and decorative products across residential and commercial segments. With over eight decades of operations, the company offers an extensive portfolio including wall coverings, texture finishes, adhesives, modular kitchens, sanitaryware, lighting fixtures, and home furnishings through multiple established brands. It serves customers through a widespread distribution network and retail presence across the country.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.