TVS Srichakra Limited
Bank of India Mutual Fund has fallen off the latest shareholder list for TVS Srichakra Limited after previously holding 1.02 percent. Bank of India Mutual Fund either sold out entirely or trimmed the position below the 1 percent reporting threshold.
A leading manufacturer of two-wheeler tyres in India, TVS Srichakra serves both original equipment manufacturers and the aftermarket segment with a diverse product portfolio. The company, part of the TVS group, also produces off-highway tyres for domestic and export markets. Operating two manufacturing plants located in Madurai, Tamil Nadu and Rudrapur, Uttarakhand, it maintains a geographically distributed production footprint.
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.