DSP Mutual Fund decreased its stake in Century Plyboards (India) Limited from 4.18% to 3.37% by selling 18,96,599 shares. The value of the sold shares is ₹147.07 crore, at a price of ₹775.10 per share.
A manufacturer of engineered wood products including plywood, veneer, laminates, medium density fibre, and particle board. The company serves the furniture, construction, and interior design sectors across India with a diversified portfolio of wood-based materials. Founded in 1982, it operates multiple manufacturing facilities and supplies products for residential, commercial, and industrial applications throughout the country.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
