Sunil Singhania, through Abakkus AIF, trimmed his stake in Technocraft Industries (India) Limited from 2.28% to 2.21%, selling 15,870 shares.
A diversified manufacturer operating across drum closures, scaffolding systems, cotton yarn, fabrics, garments, and engineering services since 1992. The company maintains manufacturing facilities in India and China, serving multiple industrial and consumer segments through vertically integrated operations. Technocraft Industries combines product manufacturing with specialized engineering solutions across five distinct business verticals, leveraging its established infrastructure and operational expertise.
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.
