Electronics Mart India Limited
Bandhan Mutual Fund increased its stake in Electronics Mart India Limited from 1.65% to 2.55%, raising its shareholding from 6,352,295 to 9,826,770 shares. This indicates an open-market purchase of 3,474,475 shares. The purchase value is approximately ₹63.77 crore, based on a share price of ₹183.48.
India's fourth-largest consumer durable and electronics retailer, Electronics Mart operates an extensive retail network selling large appliances, mobiles, small appliances, and IT products across multiple categories. Founded in 1980, the company offers over 6,000 stock keeping units from more than 70 leading consumer durable and electronic brands, providing customers with a comprehensive range of home appliances and consumer electronics through its established presence.
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.