Aditya Birla Sun Life Mutual Fund decreased its stake in Whirlpool of India Limited from 6.55% to 6.11%, selling 550,191 shares for ₹41.45 Cr. The shares were sold at ₹753.45 apiece.
A leading manufacturer and marketer of major home appliances in India, Whirlpool produces washing machines, refrigerators, air conditioners, microwave ovens, and kitchen appliances for domestic consumers. The company operates through an extensive distribution network spanning urban and semi-urban markets across the country. Its distinctive strength lies in combining global technology standards with products specifically designed to meet Indian consumer preferences, household needs, and local market requirements.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
