Aditya Birla Sun Life Insurance trimmed its stake in Raymond Lifestyle Limited from 1.37% to 1.35%, selling 14,770 shares.
A fashion and textile company offering branded apparel and clothing products across formal, casual, and ethnic wear segments. Raymond Lifestyle Limited operates through multiple proprietary brands, serving the Indian consumer market with ready-to-wear garments and related fashion services. The company focuses on branded textile solutions designed for diverse consumer preferences and market segments across the country.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Total AUM of Rs 99,496 crore as of March 2025. CIO Devendra Singhvi runs a diversified equity book across ULIP, participating and group funds with a multi-cap bias. Active in primary issuances and secondary market block deals across sectors.