Bandhan Mutual Fund increased its stake in Juniper Hotels from 1.51% to 1.65%, purchasing 3,20,796 shares. The value of the additional shares is ₹6.26 Cr, at a price of ₹195.31 apiece.
A luxury hotel development and ownership company, Juniper Hotels operates a diversified portfolio of upscale properties across strategic locations throughout India. The company develops, owns, and manages premium hotels and serviced apartments, catering to the high-end hospitality segment. With properties in key markets, Juniper Hotels focuses on delivering distinctive luxury experiences and establishing a strong presence in India's premium hotel industry.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
