Sobha Limited
Aditya Birla Sun Life Mutual Fund reduced its stake in Sobha Limited from 3.04% to 2.50%, selling 5,75,629 shares.
A real estate developer engaged in constructing and operating townships, housing projects, and commercial properties across India. Sobha manufactures interior fittings, glazing systems, metal works, and concrete products in-house, creating a vertically integrated business model that controls multiple stages of real estate development and construction. This integration enables better quality control and project delivery across residential and commercial segments.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.