Fine Organic Industries Limited
SBI Mutual Fund has dropped off the disclosed shareholder list for Fine Organic Industries Limited, after previously holding a 2.17 percent stake. This shift represents either a complete exit or a reduction to below the 1 percent reporting threshold.
A manufacturer and supplier of oleochemical-based additives, Fine Organic serves the food, plastics, cosmetics, coatings, and specialty application industries across India and international markets. The company processes, manufactures, and distributes a comprehensive range of specialty chemicals tailored for diverse industrial applications. Its integrated operations encompass manufacturing, processing, supply, distribution, and trading of these chemical products to various end-use sectors.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.