Greenpanel Industries Limited
Bandhan Mutual Fund increased its stake in Greenpanel Industries from 7.05% to 7.54%, acquiring 5,94,995 shares. The transaction was executed through a rights issue.
A manufacturer of engineered wood products, Greenpanel Industries produces plywood, medium density fibreboard (MDF), and laminate boards for construction and furniture applications across residential and commercial segments. The company operates integrated manufacturing facilities across India and focuses on sustainable production practices using modern technology. Greenpanel serves both domestic and export markets through a diversified product portfolio in the building materials sector.
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.