Franklin Templeton Mutual Fund decreased its stake in C.E. Info Systems from 1.81% to 1.57%, selling 1,31,127 shares worth ₹15.38 Cr.
A leading Indian data and technology company specializing in proprietary digital maps, geospatial software, and location-based IoT solutions. The firm delivers mapping and location intelligence services through multiple models including Maps-as-a-Service, Software-as-a-Service, and Platform-as-a-Service. It operates as India's primary provider of advanced digital mapping technologies for enterprise and consumer applications across various industries.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.