Aditya Birla Sun Life Mutual Fund decreased its stake in Emami Limited from 1.33% to 1.16%, selling 7,54,735 shares for ₹30.89 Cr at ₹409.45 apiece.
A manufacturer and marketer of personal care and healthcare products, Emami operates a diverse portfolio of established consumer brands including BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Kesh King, Zandu Pancharishta, and Mentho Plus Balm. The company combines traditional wellness formulations with modern distribution networks to serve consumers across beauty, personal care, and ayurvedic health categories throughout India.
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.
