Western Carriers (India) Limited
Aditya Birla Sun Life Insurance decreased its stake in Western Carriers (India) Limited from 3.77% to 3.52%, with holdings falling from 38,46,728 to 35,90,990 shares. This transaction occurred in the context of a rights issue.
A logistics solutions provider offering comprehensive end-to-end supply chain management services across India. Western Carriers operates an extensive fleet-based transportation network delivering cargo handling, warehousing, and distribution services to industrial and commercial clients nationwide. The company serves diverse sectors including manufacturing, retail, and e-commerce through its integrated logistics infrastructure, operational expertise, and customer-focused service delivery model developed over decades of industry experience.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Total AUM of Rs 99,496 crore as of March 2025. CIO Devendra Singhvi runs a diversified equity book across ULIP, participating and group funds with a multi-cap bias. Active in primary issuances and secondary market block deals across sectors.