Gujarat Ambuja Exports Limited
Massachusetts Institute Of Technology initiated a new position in Gujarat Ambuja Exports Limited, acquiring 54.61 lakh shares, representing a 1.19% stake, valued at approximately ₹79.68 crore at a share price of ₹145.90.
A vertically integrated agro-processing company engaged in manufacturing corn starch derivatives, soya derivatives, feed ingredients, cotton yarn, and edible oils. Incorporated in 1991, the company serves diverse industries including food, pharmaceuticals, animal feed, and related sectors through its portfolio of agricultural products. It operates across multiple value chains in commodity-based manufacturing and processing.
Listed equity holdings of MIT's endowment, managed by MIT Investment Management Company (MITIMCo). Endowment manages over USD 23 billion.