Page Industries Limited
SBI Life Insurance made a new entry into Page Industries Limited, acquiring 1,14,681 shares for a 1.03% stake, worth ₹457.59 Cr at a share price of ₹39,900.00 apiece.
The exclusive licensee of JOCKEY International and Speedo International, this company manufactures, distributes, and markets leading global apparel brands across intimate wear and swimwear categories. Incorporated in 1995, it operates across India, Sri Lanka, Bangladesh, Nepal, and the UAE. The company combines international brand heritage with deep local market expertise, serving diverse consumer segments through vertically integrated operations spanning production, distribution, and retail channels.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.