HSBC Mutual Fund decreased its stake in CCL Products (India) Limited from 3.69% to 3.55%, selling 178,461 shares. The value of the remaining stake is ₹58.3 Cr.
A vertically integrated coffee producer and trader with operations spanning India, Vietnam, and Switzerland. CCL Products engages in the complete coffee value chain, including production, processing, trading, and distribution of coffee products for domestic and international markets. The company serves diverse customer segments across multiple regions, managing sourcing, manufacturing, and logistics to deliver coffee to end consumers and commercial clients.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.
