Kewal Kiran Clothing Limited
Bandhan Mutual Fund increased its stake in Kewal Kiran Clothing Limited from 2.54% to 2.58% by purchasing 27,000 shares. The value of the additional shares is ₹1.36 Cr, calculated at the last closing price of ₹504.05 per share.
A manufacturer and retailer of branded readymade garments and finished accessories, Kewal Kiran Clothing Limited has served consumers across Asia, the Middle East, and the Commonwealth of Independent States since its incorporation in 1992. The company operates through its own manufacturing facilities and retail distribution channels, focusing on garment production and market expansion. Headquartered in Mumbai, it maintains a diversified international presence across multiple markets and consumer segments.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.