Astral Limited
Aditya Birla Sun Life Mutual Fund raised its stake in Astral Limited from 1.51% to 1.97%, buying 12,44,510 shares.
A manufacturer of plumbing and drainage systems established in 1996, this company produces piping solutions and fittings designed for Indian residential and commercial infrastructure needs. Beyond its core plumbing business, it has expanded into adhesive products, serving multiple sectors across the country with engineered polymer-based solutions for water management and construction applications.
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.