Atul Limited
Tata AIA Life Insurance reduced its stake in Atul Limited from 1.17% to 1.04%. The insurer trimmed its holding from 3,44,885 shares to 3,06,559 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 Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.