Mahindra Manulife Mutual Fund initiated a new position in Aarti Industries, acquiring 43,27,814 shares, representing a 1.19% stake, worth ₹213.79 crore at a share price of ₹493.95.
A specialty chemicals manufacturer producing organic and inorganic chemicals for industrial applications across multiple sectors. Aarti Industries operates vertically integrated manufacturing facilities in Vapi, Jhagadia, Dahej, and Kutch in Gujarat, and Tarapur in Maharashtra. The company holds a strong market position in the specialty chemicals segment through its diversified product portfolio, integrated operations, and established customer relationships in both domestic and international markets.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.
