Dalmia Bharat Limited
Mirae Asset Mutual Fund increased its stake in Dalmia Bharat from 3.44% to 4.41% by acquiring 18,11,773 shares, following a rights issue.
A major cement manufacturer in India, Dalmia Bharat produces and sells cement for construction and infrastructure applications across the country. Founded in 1939, the company operates multiple manufacturing facilities and ranks among India's leading cement producers by installed capacity. The company serves diverse customer segments including construction, infrastructure, and industrial sectors through its vertically integrated operations and distribution network.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.