Finavenue Growth Fund reduced its holding in Pajson Agro India Limited from 1.45% to 1.05%, selling 94,800 shares. The fund's remaining stake stands at 2,49,600 shares.
A processor of raw cashew nuts into cashew kernels for domestic and international markets, Pajson Agro specializes in converting raw materials into finished cashew products of consistent quality. Incorporated in 2021, the company focuses on efficient processing and reliable supply chain management to serve food product buyers across different regions. Its distinctive strength lies in transforming agricultural commodities into value-added cashew kernel products for varied customer segments.
Managed by A9 Finsight, with around Rs 360 cr AUM and a top-of-category track record (+233 percent absolute return since July 2023, +132 percent in CY2024 vs CNX Smallcap +24 percent). Allocates ~45 percent to SME listings, ~35 percent to mainboard companies and ~20 percent to pre-IPO. Run by Abhishek Jaiswal, among India's youngest fund managers.
