Deepak Nitrite Limited
SBI Mutual Fund added over 0.87% of Deepak Nitrite and now holds 1.87%, or 25,56,332 shares, participating through a rights issue.
A specialty chemicals manufacturer established in 1970, the company produces basic intermediates, fine and specialty chemicals, performance products, and phenolics for diverse end-use industries. It serves pharmaceuticals, agrochemicals, paints, coatings, and other industrial sectors globally. The company operates integrated manufacturing facilities across multiple locations and maintains a strong focus on research and development to innovate and enhance its chemical product offerings.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.