Emami Limited
UTI Mutual Fund decreased its stake in Emami Limited from 1.75% to 1.69%, selling 285,665 shares. The value of shares sold is ₹11.7 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.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.