Bandhan Mutual Fund bought 1,59,00,910 shares of AWL Agri Business Limited for ₹301.24 Cr at ₹189.38 apiece, acquiring a 1.22% stake.
A leading manufacturer and distributor of edible oils and food products serving India's consumer staples sector. The company produces cooking oils, food ingredients, and packaged FMCG products for households and institutional buyers across the country. Incorporated in 1999, it has undergone strategic restructuring to strengthen its core edible oil and food business operations, enhancing its competitive position in India's dynamic food and consumer goods market.
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.
