Deepak Fertilizers and Petrochemicals Corporation Limited
Bandhan Mutual Fund has slipped off the major shareholder list of Deepak Fertilizers and Petrochemicals Corporation Limited, meaning the fund either exited completely or trimmed its previous 1.1 percent holding below the 1 percent reporting threshold.
A vertically integrated manufacturer of fertilisers, bulk chemicals, and mining chemicals serving India's agricultural and industrial sectors. Incorporated in 1979, the company produces diammonium phosphate, urea, and specialty chemicals while providing agronomic services to support farmers. The business also operates in real estate development, diversifying its revenue streams across multiple segments.
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.