Archean Chemical Industries Limited
DSP Mutual Fund decreased its stake in Archean Chemical Industries from 4.72% to 3.06% by selling 2,042,405 shares. The value of the sold shares is approximately ₹103.24 Cr at a share price of ₹506.00.
India's largest exporter of bromine and industrial salt, Archean Chemical manufactures specialty marine chemicals for customers worldwide. The company produces bromine, industrial salt, and sulphate of potash, serving diverse industries across multiple geographies. Its integrated operations in specialty chemical production, combined with established export capabilities and global distribution networks, distinguish it as a leading player in India's marine chemical sector.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.