Berger Paints (I) Limited
SBI Mutual Fund trimmed its stake in Berger Paints from 4.32% to 4.27% by selling 5,38,665 shares. The transaction was executed in the context of a rights issue.
A leading manufacturer and distributor of decorative and industrial paints in India, Berger Paints produces a comprehensive range of coating solutions for residential, commercial, and industrial applications. The company operates through an extensive network of dealers and retail outlets across the country, serving both individual consumers and large-scale projects. Its distinctive strength lies in its formulation expertise and widespread distribution infrastructure that enables rapid market penetration across diverse customer segments.
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.