Data Patterns (India) Limited
HSBC Mutual Fund increased its stake in Data Patterns (India) Limited from 1.19% to 1.40%. The fund acquired 1,19,539 additional shares, raising its total holding to 7,83,115 shares.
A vertically integrated aerospace and defence electronics solutions provider, Data Pattern manufactures indigenously developed defence products for India's military platforms. The company specializes in in-house design, development, and manufacturing of advanced electronic systems for space, air, land, and sea applications, including critical components for LCA-Tejas, Light Utility Helicopter, and BrahMos missile programmes. With over three decades of industry experience, it remains focused on innovation-driven solutions for the defence and aerospace sector.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.