Greenpanel Industries Limited
Sundaram Mutual Fund raised its stake in Greenpanel Industries from 1.98% to 3.30% by acquiring 16,16,235 shares, doing so through a rights issue.
A manufacturer of engineered wood products, Greenpanel Industries produces plywood, medium density fibreboard (MDF), and laminate boards for construction and furniture applications across residential and commercial segments. The company operates integrated manufacturing facilities across India and focuses on sustainable production practices using modern technology. Greenpanel serves both domestic and export markets through a diversified product portfolio in the building materials sector.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.