Jyothy Labs Limited
Nalanda Capital increased its stake in Jyothy Labs Limited from 5.88% to 5.96%, purchasing 3,09,000 shares.
A diversified household products manufacturer headquartered in Kerala, Jyothy Labs produces fabric care, dishwashing, household insecticides, and personal care products across multiple consumer segments. The company holds established market positions through well-recognized brands including Ujala in post-wash care, and Pril and Exo in dishwashing segments. Founded in 1983, it serves the domestic FMCG industry with a comprehensive product portfolio catering to millions of households.
Singapore-based investment firm founded in 2007 by Pulak Prasad, formerly co-head of Warburg Pincus in India. It invests only in listed Indian companies, taking large, long-held stakes in a small number of high-quality mid and small caps and rarely selling. It manages about US$5 billion, mainly for US endowments, foundations and family offices, and holds stakes of up to about 10% in companies like Cera Sanitaryware, AIA Engineering, Amara Raja, Page Industries and Jyothy Labs.