Kesoram Industries Limited
Dipak Kanayalal Shah entered Kesoram Industries Limited by acquiring 35,00,000 shares, representing a 1.13% stake, through a rights issue.
A diversified manufacturer in the basic materials sector, Kesoram Industries produces cement, rayon, and specialty chemicals for construction, textiles, and industrial applications. Part of the B.K. Birla group, the company operates integrated production facilities across multiple business verticals. Its distinctive positioning combines cement manufacturing with specialty fiber production and chemical processing, serving domestic and international markets across diverse end-use sectors.
A quiet accumulator of India's most overlooked microcap businesses. Built a ~₹152 Cr portfolio across 35 companies spanning specialty chemicals, pharma, packaging, and industrial components, mostly names that don't appear in any analyst's coverage universe. Portfolio DNA overlaps significantly with Sharad Kanayalal Shah, pointing to a disciplined family approach to finding businesses the market has completely ignored.