ICICI Prudential Mutual Fund increased its stake in Aarti Industries from 3.53% to 4.46% by purchasing 34 lakh shares. The approximate value of this transaction is ₹184.67 Cr, with shares priced around ₹543.15 apiece.
A specialty chemicals manufacturer producing organic and inorganic chemicals for industrial applications across multiple sectors. Aarti Industries operates vertically integrated manufacturing facilities in Vapi, Jhagadia, Dahej, and Kutch in Gujarat, and Tarapur in Maharashtra. The company holds a strong market position in the specialty chemicals segment through its diversified product portfolio, integrated operations, and established customer relationships in both domestic and international markets.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.
