Aditya Birla Sun Life Mutual Fund reduced its stake in Stylam Industries from 2.36% to 2.26%, selling 17,135 shares. The shares were valued at ₹5.57 crore.
A manufacturer of decorative laminates and specialty surfaces, Stylam Industries produces high-quality products under its STYLAM brand for domestic and international markets. The company specializes in decorative laminates, compact laminates, solid surfaces, and PU lacquer coatings, serving customers across Europe and Southeast Asia. Its operations focus on manufacturing innovative surface solutions for interior design, architecture, and construction applications across residential and commercial segments.
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.