DSP Mutual Fund increased its stake in Sudarshan Chemical Industries by purchasing 21,858 shares, raising its total holdings from 972,572 to 994,430 shares and its stake from 1.24% to 1.26%. This move occurred in the context of a rights issue.
A manufacturer of organic and inorganic pigments and effect pigments for industrial applications, the company serves diverse sectors including coatings, plastics, textiles, and printing inks. Beyond pigment production, it designs and manufactures pollution control equipment, size reduction equipment, and grinding machinery for various industrial applications. The company operates through multiple manufacturing facilities across India and exports its products globally.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.