CCL Products (India) Limited
Axis Mutual Fund reduced its stake in CCL Products (India) Limited from 5.51% to 5.39% by selling 162,700 shares. The value of the shares sold was ₹20 crore at ₹1229.70 apiece.
A vertically integrated coffee producer and trader with operations spanning India, Vietnam, and Switzerland. CCL Products engages in the complete coffee value chain, including production, processing, trading, and distribution of coffee products for domestic and international markets. The company serves diverse customer segments across multiple regions, managing sourcing, manufacturing, and logistics to deliver coffee to end consumers and commercial clients.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.