LIC Mutual Fund, which previously held 1.17 percent of Manorama Industries Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting requirement.
A specialty fats and butter manufacturer, Manorama Industries produces food ingredients derived from exotic seeds and nuts for the food processing industry. The company formulates customized fat solutions and plant-based butter products tailored to meet specific requirements of food manufacturers and confectionery producers. Its expertise in sourcing premium raw materials and developing specialized fat blends sets it apart in the competitive food ingredients sector.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.