Nilkamal Limited
Setu bought 1,07,697 shares of Nilkamal Limited for ₹14.57 Cr at ₹1353.25 apiece in a bulk deal.
A leading furniture manufacturer, Nilkamal Limited designs and produces comprehensive furniture solutions for homes and offices across multiple materials and styles, including upholstered and non-upholstered products. The company operates as a vertically integrated player with manufacturing capabilities and distribution networks. Nilkamal serves customers through retail outlets, institutional buyers, and e-commerce channels across India and maintains a focus on quality and affordability in the furniture sector.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.