Data Patterns (India) Limited
Franklin Templeton Mutual Fund increased its stake in Data Patterns (India) Limited from 1.46% to 2.60%, acquiring 635,756 additional shares for a total of 1,450,707 shares.
A vertically integrated aerospace and defence electronics solutions provider, Data Pattern manufactures indigenously developed defence products for India's military platforms. The company specializes in in-house design, development, and manufacturing of advanced electronic systems for space, air, land, and sea applications, including critical components for LCA-Tejas, Light Utility Helicopter, and BrahMos missile programmes. With over three decades of industry experience, it remains focused on innovation-driven solutions for the defence and aerospace sector.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.