SBI Life Insurance increased its stake in PCBL Chemical Limited from 2.12% to 2.36% by purchasing 950,000 shares. The value of the additional shares was ₹30.47 Cr, at a share price of ₹320.80.
A carbon black manufacturer incorporated in 1960 and part of the RP-Sanjiv Goenka Group, the company produces carbon black and specialty chemicals for diverse industrial applications across sectors. It operates captive power generation facilities that serve internal operational needs while supplying surplus electricity to external customers, maintaining a vertically integrated business model in the chemical sector.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.