Tata Mutual Fund decreased its stake in Radico Khaitan, selling 314,717 shares. This reduced their holding from 2,085,415 shares (1.56% stake) to 1,770,698 shares (1.32% stake). The estimated value of the shares sold is ₹144.77 crore, calculated at a share price of ₹4600.00.
One of India's most recognised Indian Made Foreign Liquor brands, Radico Khaitan produces a diverse range of spirits and beverages for domestic and international markets. Established in 1943, the company operates distilleries and distribution networks across India, focusing on whisky, rum, gin, and vodka production. Its portfolio combines heritage brands with modern offerings, positioning it as a significant player in the Indian alcoholic beverages industry with a strong market presence.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.