Sandhar Technologies Limited
Bandhan Mutual Fund decreased its stake in Sandhar Technologies from 1.95% to 1.44%, selling 310,502 shares. The value of the sold shares is approximately ₹18.6 Cr, calculated at a share price of ₹599.55.
A manufacturer of automotive components and assemblies serving India's automotive industry, Sandhar Technologies operates through a network of joint ventures and subsidiaries. The company specializes in producing critical components for passenger vehicles and commercial vehicles, leveraging established relationships with major Original Equipment Manufacturers. Its vertically integrated operations, diverse product portfolio across multiple vehicle segments, and manufacturing expertise position it as a key supplier within the domestic automotive ecosystem.
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.