Bandhan Mutual Fund decreased its stake in Vishnu Chemicals Limited from 1.47% to 1.45%, selling 9,378 shares. The value of the shares sold was approximately ₹56.37 lakh, calculated at a share price of ₹601.10.
A specialty chemicals manufacturer headquartered in Hyderabad, Vishnu Chemicals produces and exports chromium chemicals and barium compounds for industrial applications globally. Incorporated in 1989, the company supplies more than a dozen industries across numerous countries worldwide. Its vertically integrated operations, established manufacturing capabilities, and extensive international distribution network distinguish it in the specialty chemicals sector.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
