Sanathan Textiles Limited
Bandhan Mutual Fund increased its stake in Sanathan Textiles from 4.99% to 5.01%, buying 21,000 shares for ₹82 lakh in an open market transaction and crossing the 5% disclosure threshold.
A textile manufacturer that produces polyester yarn, cotton yarn, and specialized yarn for technical textile applications. Incorporated in 2005, the company serves both domestic and international markets through its manufacturing and export operations. Sanathan Textiles operates across multiple yarn categories, catering to diverse industrial and consumer textile needs across various end-use sectors. The company maintains a focus on quality production and reliable supply to its customer base.
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.