Birla Corporation Limited
Bandhan Mutual Fund increased its stake in Birla Corporation from 1.48% to 2.48%, purchasing 7,68,161 shares.
A major cement manufacturer in India, Birla Corporation produces various types of cement for construction and infrastructure applications across multiple regions. Part of the M.P. Birla Group, the company operates integrated cement facilities and maintains a significant presence in the jute goods sector, diversifying its revenue streams beyond core cement operations and serving customers in both domestic and export markets.
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.