Aether Industries Limited
Abakkus Mutual Fund entered Aether Industries, acquiring a new position of 15,32,828 shares representing a 1.15% stake.
A specialty chemicals manufacturer that produces high-value intermediates and specialty compounds for pharmaceutical, agrochemical, and industrial applications. Incorporated in 2013, the company holds exclusive Indian manufacturing capabilities for several niche chemicals including 4-MEP, MMBC, T2E, OTBN, and bifenthrin alcohol. Its diversified portfolio serves customers across pharmaceuticals, crop protection, and other industrial sectors globally.
AMC arm of Abakkus Asset Manager, founded by Sunil Singhania, former CIO of Reliance Mutual Fund who oversaw the equity book when it was India's largest. Launched its maiden Flexi Cap Fund in December 2025, raising Rs 2,468 crore in the NFO alone, and crossed Rs 5,000 crore within months. The MF licence brings Sunil Singhania's quality small and midcap compounding philosophy to all retail investors.