Kajaria Ceramics Limited

Mahindra Manulife Mutual Fund decreased its stake in Kajaria Ceramics from 1.10% to 1.00%, selling 160,103 shares. The transaction value was ₹19.84 Cr at ₹1239.50 per share.

India's largest manufacturer of ceramic and vitrified tiles, Kajaria Ceramics produces a comprehensive range of tiles for residential, commercial, and institutional applications across the country. The company operates integrated manufacturing facilities at multiple locations and distributes its products through an extensive dealer network. Its significant scale and advanced production capabilities position it among the world's leading tile manufacturers in terms of capacity and reach.

Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.