Indigo Paints Limited
HDFC Mutual Fund bought 580,947 shares of Indigo Paints for ₹68.16 Cr at ₹1173.26 apiece in a bulk deal.
A manufacturer and seller of decorative paints for residential and commercial applications across India. Indigo Paints operates through an extensive network of distributors and retailers, offering a comprehensive range of interior and exterior paint products designed for various surfaces and weather conditions. The company focuses on providing quality coatings at competitive price points to reach customers across urban and semi-urban markets throughout the country.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.