Mahindra Logistics Limited
Nippon India Mutual Fund cut its stake in Mahindra Logistics from 4.43% to 3.05%, selling 13,75,681 shares through open-market transactions.
An integrated logistics and mobility solutions provider, Mahindra Logistics Ltd delivers comprehensive supply chain expertise across diverse industry verticals including automotive, engineering, consumer goods, pharmaceuticals, telecommunications, commodities, and e-commerce. The company offers end-to-end logistics services tailored to specific sector requirements. Its distinctive strength lies in combining specialized supply chain knowledge with operational capability to serve multiple industries effectively.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.