Franklin Templeton Mutual Fund, which previously held 1.19 percent of Narayana Hrudayalaya Ltd, has dropped from the company's disclosed shareholder list, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting threshold.
A leading provider of economical healthcare services across India, Narayana Hrudayalaya operates a network of multispecialty and super specialty hospitals spanning multiple locations nationwide. The company delivers affordable medical care through advanced treatments, specialized services, and comprehensive healthcare infrastructure. Its distinctive approach combines patient accessibility with quality clinical outcomes, serving patients across diverse medical specialties including cardiology, oncology, orthopedics, and general medicine.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.
