Gillette India Limited
Nippon India Mutual Fund raised its stake in Gillette India Limited from 2.01% to 2.54%, acquiring 1,73,402 shares.
A leading manufacturer of personal grooming and oral care products in India, Gillette India produces fast-moving consumer goods across multiple brands in the shaving and oral hygiene categories. The company specializes in razors, shaving systems, and grooming solutions designed for the Indian consumer market. Known for its established brand portfolio and extensive distribution network, it operates as a key player in the competitive personal care segment.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.