Archean Chemical Industries Limited
Tata AIA Life Insurance has dropped off the major shareholder list for Archean Chemical Industries Limited, meaning the firm either completely exited or reduced its last disclosed 1.06 percent stake below the 1 percent reporting threshold.
India's largest exporter of bromine and industrial salt, Archean Chemical manufactures specialty marine chemicals for customers worldwide. The company produces bromine, industrial salt, and sulphate of potash, serving diverse industries across multiple geographies. Its integrated operations in specialty chemical production, combined with established export capabilities and global distribution networks, distinguish it as a leading player in India's marine chemical sector.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.