Manorama Industries Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in Manorama Industries from 1.36% to 1.34%, selling 10,502 shares. The value of the sold shares is ₹1.66 Cr at a price of ₹1579.20 apiece.
A specialty fats and butter manufacturer, Manorama Industries produces food ingredients derived from exotic seeds and nuts for the food processing industry. The company formulates customized fat solutions and plant-based butter products tailored to meet specific requirements of food manufacturers and confectionery producers. Its expertise in sourcing premium raw materials and developing specialized fat blends sets it apart in the competitive food ingredients sector.
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.