1 year ago
Dubai-based Investor Proposes ₹500 Crore Kerala Investment Fund
A businessman named Siddharth Balachandran wants to start a big investment fund in Kerala, India.
He is a major investor in India's stock markets.
He believes India's economy is strong and a good place to invest, even with some problems in the market.
He thinks it's important for regulators to stop any market tricks to keep investors confident in the market.
Siddharth Balachandran proposes a ₹500 crore Kerala Investment Fund.
Balachandran is the largest individual shareholder of the Bombay Stock Exchange.
He is also a large individual shareholder of the National Stock Exchange of India.
Balachandran remains optimistic about India's economic growth despite market corrections.
He supports SEBI's actions against market manipulation for maintaining investor confidence.
- Who
- Siddharth Balachandran, Executive Chairman and CEO of Buimerc Corporation Ltd.
- What
- Siddharth Balachandran proposed a ₹500 crore Kerala Investment Fund.
- Where
- Kerala, India
- When
- Published on July 23, 2025
- Why
- To foster sustainable and forward-looking projects in Kerala.
Key facts
- Proponent
- Siddharth Balachandran
- Fund Amount
- ₹500 crore
- Location
- Kerala, India
- Balachandran's Position
- Executive Chairman and CEO of Buimerc Corporation Ltd.
- BSE Shareholding
- 3.01%
- NSE Shareholding
- 0.38%
