Abakkus Mutual Fund sold 600,000 shares of Himatsingka Seide Limited for ₹5.60 Cr at ₹93.39 apiece on April 22, 2026, decreasing its stake from 1.47% to 0.99%.
A vertically integrated global textile manufacturer that designs, develops, and distributes home textile products including bedding, bath items, drapery, and upholstery fabrics. The company operates world-class manufacturing capacities for fine-count cotton yarn and finished textiles, serving customers across residential and commercial markets worldwide. It maintains some of the largest installed production facilities for these categories globally.
AMC arm of Abakkus Asset Manager, founded by Sunil Singhania, former CIO of Reliance Mutual Fund who oversaw the equity book when it was India's largest. Launched its maiden Flexi Cap Fund in December 2025, raising Rs 2,468 crore in the NFO alone, and crossed Rs 5,000 crore within months. The MF licence brings Sunil Singhania's quality small and midcap compounding philosophy to all retail investors.