Fidelity increased its stake in Redington Limited from 4.36% to 4.88% by increasing its shareholding from 34,100,220 to 38,100,220 shares. The value of the additional 4,000,000 shares is ₹146.04 Cr at ₹365.10 apiece.
A leading distributor of IT and mobility products across India, the Middle East, Turkey, and Africa, Redington Limited provides comprehensive supply chain management solutions and support services to technology vendors and enterprises. Established in 1993, the company specializes in connecting manufacturers with retailers and end customers through integrated distribution networks, logistics expertise, and value-added services that enhance operational efficiency across the technology sector.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.
