The Ramco Cements Limited
Mahindra Manulife Mutual Fund has dropped off The Ramco Cements Limited's major shareholder list. Last reported at 1.21 percent, the mutual fund has either completely exited the position or trimmed its stake to just below the 1 percent reporting threshold.
A cement manufacturer producing cement, Ready Mix Concrete, and dry mortar products for the Indian construction and infrastructure sectors. The company operates multiple integrated production facilities across India and serves domestic builders, contractors, and infrastructure developers. Ramco combines cement manufacturing with specialized construction materials, focusing on quality products and customer service to meet diverse requirements in India's growing construction market.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.