Fujiyama Power Systems Limited
Nippon India Mutual Fund trimmed its stake in Fujiyama Power Systems Limited from 2.11% to 1.47%, selling 19,66,610 shares.
A manufacturer of rooftop solar systems and comprehensive renewable energy solutions for India's growing solar industry. Fujiyama Power specializes in designing and supplying on-grid, off-grid, and hybrid solar systems for residential, commercial, and industrial customers. The company delivers integrated solar solutions that enable end-users to generate clean energy efficiently across varying grid availability and geographical conditions.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.