TARC Limited
Bandhan Mutual Fund increased its stake in TARC Limited from 4.90% to 5.25%, acquiring an additional 10,16,547 shares. This increased holding is valued at ₹191.68 crore at a share price of ₹123.72, and crosses the 5% disclosure threshold.
A major real estate developer and land bank holder in the New Delhi Metropolitan Area, TARC Ltd operates across residential, commercial, hospitality, and retail sectors. The company evolved from its origins as a construction and contracting business to become one of the region's largest property development firms. Its diversified portfolio spans multiple real estate verticals and market segments across the metropolitan region.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.