Chemtech Industrial Valves Limited
Taurus Mutual Fund, which previously held a 1.33 percent stake in Chemtech Industrial Valves Limited, has dropped from the company's latest disclosed shareholder list, indicating either a complete exit or a reduction of its holding below the 1 percent reporting requirement.
A manufacturer of industrial valves incorporated in 1997, Chemtech Industrial produces valve solutions for diverse industrial applications and infrastructure projects. The company operates through both manufacturing and trading divisions, serving project-based requirements across multiple sectors. Its core business focuses on delivering reliable industrial valve products and related equipment to customers throughout India.
One of India's oldest AMCs, founded in 1993. Manages a smaller book of around Rs 3,000 crore. A legacy independent fund house that has maintained a lean, focused product portfolio of equity and debt schemes. Among the few survivor AMCs from the pre-liberalisation era still operating as an independent entity.