Nippon India Mutual Fund increased its stake in Page Industries Limited from 2.21% to 2.28%, buying 8,312 shares, raising its total holding to 2,54,657 shares.
The exclusive licensee of JOCKEY International and Speedo International, this company manufactures, distributes, and markets leading global apparel brands across intimate wear and swimwear categories. Incorporated in 1995, it operates across India, Sri Lanka, Bangladesh, Nepal, and the UAE. The company combines international brand heritage with deep local market expertise, serving diverse consumer segments through vertically integrated operations spanning production, distribution, and retail channels.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
