Stylam Industries Limited
Bank of India Mutual Fund trimmed its Stylam Industries stake from 2.52% to 2.39% via a rights issue, reducing its shareholding from 427,410 to 404,848 shares.
A manufacturer of decorative laminates and specialty surfaces, Stylam Industries produces high-quality products under its STYLAM brand for domestic and international markets. The company specializes in decorative laminates, compact laminates, solid surfaces, and PU lacquer coatings, serving customers across Europe and Southeast Asia. Its operations focus on manufacturing innovative surface solutions for interior design, architecture, and construction applications across residential and commercial segments.
AMC subsidiary of Bank of India, one of India's oldest public sector banks founded in 1906. Manages over Rs 20,000 crore with a range of equity, debt and hybrid offerings. Distributes through Bank of India's 5,000+ branch network giving it reach into Tier 2 and Tier 3 cities that larger private AMCs find harder to access.