Nippon India Mutual Fund's stake in Vinati Organics was newly disclosed at 1.20% as it held 12,44,101 shares, crossing the 1% public disclosure threshold.
A specialty chemicals manufacturer that produces organic intermediaries and monomers for use across pharmaceuticals, agrochemicals, polymers, and other industrial sectors. Vinati Organics operates integrated manufacturing facilities and maintains a focus on research and development to deliver high-quality specialty chemical products. The company serves both domestic and international customers with customized chemical solutions and technical expertise in organic synthesis.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
