Bandhan Mutual Fund increased its stake in S H Kelkar and Company Limited from 4.93% to 5.01% by buying 108,568 shares for ₹1.56 Cr at ₹143.85 apiece in an open market transaction, crossing the 5% disclosure threshold.
A leading manufacturer and exporter of fragrances and aroma ingredients, S H Kelkar & Co holds the position of India's largest domestic fragrance producer. The company distinguishes itself as the only Indian-origin firm to file patents in fragrance and novel aroma molecule development. It serves both domestic and international markets through specialized chemical formulations and innovative ingredient solutions for diverse industrial applications.
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.
