Radico Khaitan Limited
Canara Robeco Mutual Fund decreased its stake in Radico Khaitan by selling 86,177 shares, reducing its holding from 1.35% to 1.29%. The value of shares sold is approximately ₹39.64 Cr, calculated at the last available 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.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.