Arvind Limited
Aditya Birla Sun Life Mutual Fund raised its stake in Arvind Limited from 2.09% to 2.47%, buying 12,41,164 shares.
A vertically integrated textile manufacturer with nearly eight decades of industry presence, Arvind Limited ranks among the world's largest denim producers. The company manufactures a comprehensive range of denim, cotton shirting, knits, and bottom weight fabrics for both domestic and international markets. Its integrated operations span from fabric production to finished garments including jeans and shirts, serving major apparel brands globally.
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.