Awfis Space Solutions Limited
Nippon India Mutual Fund increased its stake in Awfis Space Solutions Limited from 6.00% to 6.26%, acquiring 186,817 additional shares. The total shares held by the fund increased from 4,290,916 to 4,477,733.
A workspace solution provider operating across India, AWFIS Space Solutions offers flexible office spaces tailored to diverse client needs. The company serves individual professionals, startups, small and medium enterprises, and large corporations with customized desk solutions and office configurations. Since its incorporation in 2014, it has addressed the growing demand for flexible workplace arrangements in India's corporate sector through innovative workspace designs and infrastructure.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.