ICICI Prudential Mutual Fund increased its stake in Vinati Organics from 1.16% to 1.32%, buying 1,65,864 shares for ₹21.91 crore at ₹1320.80 apiece.
A specialty chemicals manufacturer that produces organic intermediaries and monomers for use across pharmaceuticals, agrochemicals, polymers, and other industrial sectors. Vinati Organics operates integrated manufacturing facilities and maintains a focus on research and development to deliver high-quality specialty chemical products. The company serves both domestic and international customers with customized chemical solutions and technical expertise in organic synthesis.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.
