Balrampur Chini Mills Limited

SBI Mutual Fund increased its stake in Balrampur Chini Mills from 6.19% to 6.96%, raising its shareholding from 12,500,793 to 14,696,578 shares. This occurred in the context of a rights issue.

One of India's largest integrated sugar producers, this company manufactures sugar while operating complementary distillery operations and power cogeneration facilities. The company is recognized for its operational efficiency across the sugar production process. It has systematically expanded its production capacity through well-planned capital investments and strategic acquisitions of existing mills, establishing itself as a vertically integrated player in the Indian sugar industry.

India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.