DSP Mutual Fund decreased its stake in Greenlam Industries from 4.22% to 3.99% by selling 588,004 shares. The value of the sold shares was ₹14.91 crore at a price of ₹253.65 apiece.
A manufacturer of laminates, decorative veneers, and allied wood-based products, Greenlam Industries operates across India's building materials and interior design sectors. The company produces decorative surfaces for furniture, flooring, and architectural applications, serving both residential and commercial customers throughout the country. Greenlam distinguishes itself through vertically integrated production capabilities, advanced manufacturing facilities, and a diverse product portfolio catering to multiple end-use segments and market demands.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.