Sheela Foam Limited
UTI Mutual Fund trimmed its stake in Sheela Foam from 1.36% to 1.05%, selling 329,037 shares.
A leading manufacturer of mattresses and polyurethane foam products in India, Sheela Foam operates multiple production facilities across the country. The company specializes in foam technology and high-quality mattress solutions for both domestic and commercial applications. Since its establishment in 1971, it has built a strong nationwide presence and established itself as a trusted player in the Indian furniture and home furnishing sector.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.