Aditya Birla Sun Life Mutual Fund, which previously held 1.06 percent of Happy Forgings Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting threshold.
An Indian manufacturer specializing in heavy forgings and high-precision machined components for demanding industrial applications. Happy Forgings designs and produces critical parts serving sectors including power generation, oil and gas, heavy machinery, and aerospace. The company operates integrated manufacturing facilities equipped with advanced forging, machining, and quality control capabilities, delivering customized solutions to both domestic and international clients since its establishment in 1979.
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.
