ITC Limited

Mirae Asset Mutual Fund bought 92,86,963 shares of ITC Limited for ₹239.00 Cr at ₹257.35 apiece in a block deal.

India's largest cigarette manufacturer, ITC operates across four major business segments including FMCG cigarettes, other consumer goods, paperboards and packaging, and agribusiness. Established in 1910, the company has built a diversified portfolio spanning tobacco products, food and personal care items, paper manufacturing, and agricultural inputs. Its vertically integrated approach across consumer, industrial, and agricultural sectors distinguishes it within India's business landscape.

Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.