Bandhan Mutual Fund entered Kamdhenu Limited with a new 1.81% stake, acquiring 50,97,142 shares during the period.
A manufacturer and distributor of TMT bars, structural steel, and allied steel products serving India's construction and infrastructure sectors. Incorporated in 1994, the company engages in the manufacture, marketing, and distribution of steel products used in building construction, bridges, and civil engineering applications. Kamdhenu operates across multiple distribution channels to reach builders, contractors, and infrastructure developers nationwide.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
