Aditya Birla Sun Life Mutual Fund reduced its stake in M & B Engineering Limited from 1.96% to 1.75%, selling 1,16,000 shares.
A design-led engineering solutions provider incorporated in 1981, M and B Engineering delivers specialized industrial equipment and comprehensive services across multiple sectors in India. The company focuses on custom engineering design, manufacturing, and project execution for diverse industrial applications. Its distinctive approach combines deep technical expertise with tailored solutions developed specifically for individual client requirements and operational challenges.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
