Aether Industries Limited
SBI Mutual Fund decreased its stake in Aether Industries from 7.81% to 5.28% by selling 33.56 lakh shares valued at ₹487.56 crore.
A specialty chemicals manufacturer that produces high-value intermediates and specialty compounds for pharmaceutical, agrochemical, and industrial applications. Incorporated in 2013, the company holds exclusive Indian manufacturing capabilities for several niche chemicals including 4-MEP, MMBC, T2E, OTBN, and bifenthrin alcohol. Its diversified portfolio serves customers across pharmaceuticals, crop protection, and other industrial sectors globally.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.