Greenpanel Industries Limited
Kotak Mutual Fund increased its stake in Greenpanel Industries from 3.10% to 3.45%, subscribing to 4,35,468 shares through a rights issue.
A manufacturer of engineered wood products, Greenpanel Industries produces plywood, medium density fibreboard (MDF), and laminate boards for construction and furniture applications across residential and commercial segments. The company operates integrated manufacturing facilities across India and focuses on sustainable production practices using modern technology. Greenpanel serves both domestic and export markets through a diversified product portfolio in the building materials sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.