Rossari Biotech Limited
SBI Mutual Fund sold 1,57,000 shares of Rossari Biotech for ₹7.92 Cr at ₹504.25 apiece in an open market transaction. This reduced their stake from 3.25% to 2.97%.
A leading manufacturer of specialty chemicals, Rossari Biotech produces textile chemicals, personal care ingredients, and specialty polymers for industrial applications across domestic and international markets. The company operates through vertically integrated facilities with capabilities spanning multiple chemical segments. Founded in 2003, it serves diverse end-user industries including textiles, personal care, home care, and industrial applications with a comprehensive product portfolio.
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.