Greenlam Industries Limited
HDFC Mutual Fund decreased its stake in Greenlam Industries from 5.33% to 2.48%, selling 7,272,815 shares. The value of the sold shares was ₹184.45 Cr at ₹253.65 apiece. This move brought their holding below the 5% disclosure threshold.
A manufacturer of laminates, decorative veneers, and allied wood-based products, Greenlam Industries operates across India's building materials and interior design sectors. The company produces decorative surfaces for furniture, flooring, and architectural applications, serving both residential and commercial customers throughout the country. Greenlam distinguishes itself through vertically integrated production capabilities, advanced manufacturing facilities, and a diverse product portfolio catering to multiple end-use segments and market demands.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.