Dhanuka Agritech Limited
DSP Mutual Fund bought 10,350 shares of Dhanuka Agritech for ₹1.14 crore at ₹1098.40 apiece, increasing its stake from 9.33% to 9.36% via an open market purchase. This transaction triggered a mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as the cumulative change since the last reporting exceeded the 2% threshold.
A manufacturer of agrochemicals, Dhanuka Agritech produces herbicides, insecticides, fungicides, and plant growth regulators in multiple formulations including liquids, dusts, powders, and granules for Indian agriculture. The company operates across the crop protection segment, offering diversified solutions to enhance agricultural productivity and support farmers across various regions. Its product portfolio addresses key crop protection needs in India's farming 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.