GMM Pfaudler Limited
Bandhan Mutual Fund increased its stake in GMM Pfaudler to 2.57% from 2.49%, growing its shareholding from 1,121,188 to 1,156,162 shares.
A manufacturer of corrosion-resistant glass-lined equipment, this company serves the pharmaceutical and chemical industries with specialized process solutions. Its product portfolio includes mixing systems, filtration and drying equipment, engineered systems, and heavy engineering solutions. Over the years, the company has diversified to become a leading supplier of process equipment across multiple sectors requiring high-performance industrial solutions for complex manufacturing operations and chemical processing needs.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.