Abakkus Mutual Fund decreased its stake in Rupa & Company Limited from 3.72% to 3.42%, selling 233,177 shares. The shares were valued at ₹3.85 crore based on the closing price of ₹165.14 apiece.
A leading manufacturer of knitted apparel and hosiery products, Rupa & Co produces a diverse range of textile, leather, and apparel items for domestic and international markets. The company operates vertically integrated manufacturing facilities that enable control over quality and production efficiency across operations. Rupa & Co serves retail, wholesale, and direct-to-consumer channels with an established brand presence across multiple apparel categories and customer segments.
AMC arm of Abakkus Asset Manager, founded by Sunil Singhania, former CIO of Reliance Mutual Fund who oversaw the equity book when it was India's largest. Launched its maiden Flexi Cap Fund in December 2025, raising Rs 2,468 crore in the NFO alone, and crossed Rs 5,000 crore within months. The MF licence brings Sunil Singhania's quality small and midcap compounding philosophy to all retail investors.