Aditya Birla Sun Life Mutual Fund cut its stake in Atul Limited from 2.46% to 1.83%, selling 1,84,649 shares.
A diversified specialty chemicals manufacturer based in Gujarat, Atul produces chemical products serving industries across life sciences and performance chemicals. The company operates through nine distinct business divisions that supply raw materials and specialty compounds to pharmaceutical, agrochemical, and industrial sectors. Its integrated manufacturing capabilities, vertical integration across multiple chemical platforms, and focus on specialty products distinguish it within India's chemical industry.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
