Tata Chemicals Limited
Kotak Mutual Fund increased its stake in Tata Chemicals Limited from 2.59% to 2.71%, raising its shareholding from 6,586,930 to 6,902,254 shares. The value of the additional shares bought was ₹22.09 crore, calculated at the last closing price of ₹698.45 apiece.
A manufacturer of basic chemistry and specialty chemical products, Tata Chemicals operates across industrial chemicals, fertilizers, and consumer products segments. Incorporated in 1939, the company produces soda ash, salt derivatives, and crop nutrients for domestic and international markets. Its vertically integrated operations, established distribution network, and diverse product portfolio distinguish it within India's commodity chemicals sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.