Manoj Ceramic Limited
Pine Oak has dropped off Manoj Ceramic Limited's latest shareholder list after previously holding a 1.2 percent stake. This shift indicates that Pine Oak either fully exited the position or trimmed it below the 1 percent public disclosure threshold.
A ceramic tiles and tile adhesives manufacturer, Manoj Ceramic Limited was incorporated in 1991 and operates under the MCPL brand name. The company specializes in producing high-quality ceramic tiles and complementary adhesive products for residential and commercial construction projects. It serves customers across India through its established distribution network, offering a range of ceramic solutions for flooring and wall applications in the building and interior design sectors.
Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.