V-Mart Retail Limited
Edelweiss Mutual Fund acquired 12,14,115 shares, representing a 1.53% stake, in V-Mart Retail. The stake is worth ₹90.66 Cr based on V-Mart Retail's share price of ₹746.20.
A value retail chain operating across multiple cities in India, V-Mart Retail specializes in affordable fashion, apparel, and lifestyle products for budget-conscious consumers. The company operates through a network of physical stores designed to provide accessible shopping experiences in tier-two and tier-three markets across the country. Its distinctive approach centers on offering quality merchandise at competitive prices through an efficient store format and focused product selection.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.