Landmark Cars Limited
Sundaram Mutual Fund decreased its stake in Landmark Cars Limited from 3.90% to 3.45% by selling 1,86,650 shares. The shares were worth approximately ₹9.82 Cr at a share price of ₹526.25.
A leading premium automotive retailer in India operating an extensive network of dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault since its incorporation in 1998. The company serves both the passenger vehicle and commercial vehicle segments, representing Ashok Leyland in the commercial vehicle retail business across the country. It operates as a vertically integrated dealer network across multiple luxury and mainstream automotive brands.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.