Sunil Singhania trimmed his stake in Stylam Industries from 2.09% to 1.98% through Abakkus AIF. The fund sold 18,475 shares, reducing its holding to 3,35,031 shares.
A manufacturer of decorative laminates and specialty surfaces, Stylam Industries produces high-quality products under its STYLAM brand for domestic and international markets. The company specializes in decorative laminates, compact laminates, solid surfaces, and PU lacquer coatings, serving customers across Europe and Southeast Asia. Its operations focus on manufacturing innovative surface solutions for interior design, architecture, and construction applications across residential and commercial segments.
The man who grew Reliance Mutual Fund's equity AUM from ₹200 Cr to nearly ₹80,000 Cr, one of the greatest fund management runs in Indian history. After leaving Reliance, Sunil Singhania launched Abakkus Asset Management (2018), which now manages ~₹36,700 Cr. Voted Best Fund Manager by Outlook Business (2016 & 2017). First Indian elected to the CFA Institute Board of Governors. His direct disclosed equity portfolio has consistently backed emerging industrials and financials before they became consensus.
