Bandhan Mutual Fund entered Afcom Holdings with 9,11,760 shares, a 3.18% stake worth ₹136.25 Cr at ₹1493.35 apiece.
A logistics solution provider specializing in airport-to-airport cargo transportation across India. Afcom Holdings Limited operates a dedicated network for moving freight between airports, serving the critical need for rapid and secure goods movement in the aviation sector. The company handles time-sensitive shipments and maintains infrastructure specifically designed for air cargo operations. Since its incorporation in 2013, it has established itself as a focused player in India's air cargo logistics industry.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
