Belrise Industries Limited
Mahindra Manulife Mutual Fund has slipped off the major shareholder list for Belrise Industries Limited this quarter. The fund, which last held a 1.02 percent stake, either completely exited or trimmed its position below the 1 percent reporting threshold.
A manufacturer of automotive components incorporated in 1988, Belrise Industries produces sheet metal parts, castings, polymer components, suspension systems, and mirror assemblies for the automotive sector. The company serves original equipment manufacturers and vehicle manufacturers across India's automotive industry. Its vertically integrated manufacturing capabilities and diversified product portfolio across multiple component categories distinguish it within the automotive supply chain.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.