Meru Investments decreased its stake in Advance Agrolife Limited from 1.11% to 1.05%, selling 33,158 shares.
A manufacturer and distributor of agrochemicals, Advance Agrolife produces a broad spectrum of technical and formulated grade pesticides and crop protection products for agricultural applications. The company serves farmers, agricultural dealers, and distributors across India with solutions designed to enhance crop yields and protect harvests. Its integrated manufacturing and distribution network enables efficient supply of quality agrochemical formulations to farming communities nationwide.
Meru Investment Fund PCC is a foreign portfolio investor that is among the more active anchor investors in Indian SME IPOs. It has backed offerings across sectors such as electric equipment, infrastructure, steel, textiles, and chemicals.
