Amir Chand Jagdish Kumar (Exports) Limited
Bandhan Mutual Fund made a new entry into Amir Chand Jagdish Kumar (Exports) with 51,58,515 shares, acquiring a 4.98% stake in the company. The total value of the shares is ₹92.75 crore at a price of ₹179.80 apiece.
Amir Chand Jagdish Kumar (Exports) Limited, founded in 2003 and headquartered in New Delhi, is a fully integrated processor and exporter of basmati rice and other FMCG products. Ranking third by revenue among peers, the company manages the entire value chain from procurement and storage through processing, packaging, and distribution. Operating multiple brands including its flagship Aeroplane Rice alongside La-Taste, Alibaba, and others, it exports to over 37 countries. The company was listed on the NSE and BSE in 2026.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.