Ganesha Ecosphere Limited

Bank of India Mutual Fund, which previously held a 1.44 percent stake in Ganesha Ecosphere Limited, has dropped off the disclosed shareholder list, indicating either a complete exit or a reduction in holding below the 1 percent reporting requirement.

A leading PET waste recycling company in India, Ganesha Ecosphere manufactures recycled polyester staple fibre, spun yarn, and dyed texturised yarn from plastic waste. The company converts discarded materials into high-quality textile products for industrial applications across various sectors. Its vertically integrated approach to sustainable recycling and commitment to circular economy practices distinguishes it within India's textile manufacturing landscape.

AMC subsidiary of Bank of India, one of India's oldest public sector banks founded in 1906. Manages over Rs 20,000 crore with a range of equity, debt and hybrid offerings. Distributes through Bank of India's 5,000+ branch network giving it reach into Tier 2 and Tier 3 cities that larger private AMCs find harder to access.