Vikram Solar Limited
Bandhan Mutual Fund raised its stake in Vikram Solar from 1.89% to 2.66% by purchasing 27,83,602 shares. The transaction is valued at approximately ₹39.63 crore based on the market price of ₹142.37 per share.
A manufacturer of solar photovoltaic modules, Vikram Solar provides comprehensive solar energy solutions across residential, commercial, and utility segments in India. The company offers engineering, procurement, and construction services alongside operations and maintenance support for solar installations. Since its incorporation in 2005, it has established itself as a vertically integrated player in the renewable energy sector with a presence across multiple geographies.
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.