TANFAC Industries Ltd
Malabar India has slipped off the disclosed shareholder list for TANFAC Industries Ltd this quarter. The change indicates Malabar India either fully exited the previous 1.07 percent stake or trimmed it below the 1 percent reporting threshold.
A leading producer of hydrofluoric acid and its derivatives, Tanfac Industries manufactures specialty chemicals for diverse industrial applications across multiple sectors. Incorporated in 1972, the company operates integrated production facilities and maintains strong capabilities in fluorochemical manufacturing. Its core business focuses on hydrofluoric acid and specialty fluorine-based chemicals used in refrigeration, uranium processing, pharmaceuticals, and other industrial segments.
India dedicated FPI founded in 2008 by Sumeet Nagar (ex-McKinsey PE) and Akshay Mansukhani. Focuses on under-researched Indian small and midcap businesses with a long-term horizon, sifting 7,000+ listed companies before making concentrated bets. One of India's best-known FPI smallcap specialists, known for multi-year compounder picks.