Aditya Birla Sun Life Mutual Fund bought 20,00,000 shares of JTL Industries for ₹14.40 Cr at ₹72.00 apiece in a bulk deal.
An integrated manufacturer and supplier of steel tubes, pipes, and allied products with manufacturing facilities across India. JTL Industries operates in the iron and steel products sector, serving construction, infrastructure, automotive, and industrial applications through its vertically integrated operations. The company specializes in producing high-quality steel products and maintains a focus on operational efficiency and customer-centric solutions within the steel manufacturing industry.
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.
