Sunil Singhania, through Abakkus AIF, trimmed his stake in Rupa & Company from 3.42% to 1.57%, selling 14,73,370 shares.
A leading manufacturer of knitted apparel and hosiery products, Rupa & Co produces a diverse range of textile, leather, and apparel items for domestic and international markets. The company operates vertically integrated manufacturing facilities that enable control over quality and production efficiency across operations. Rupa & Co serves retail, wholesale, and direct-to-consumer channels with an established brand presence across multiple apparel categories and customer segments.
The man who grew Reliance Mutual Fund's equity AUM from ₹200 Cr to nearly ₹80,000 Cr, one of the greatest fund management runs in Indian history. After leaving Reliance, Sunil Singhania launched Abakkus Asset Management (2018), which now manages ~₹36,700 Cr. Voted Best Fund Manager by Outlook Business (2016 & 2017). First Indian elected to the CFA Institute Board of Governors. His direct disclosed equity portfolio has consistently backed emerging industrials and financials before they became consensus.
