Aditya Birla Sun Life Insurance trimmed its stake in Uniparts India Limited from 2.46% to 1.99% by selling 214,565 shares. The value of shares sold is ₹14.50 Cr at ₹676.00 apiece.
An engineering systems and solutions provider established in 1994, Uniparts India serves international original equipment manufacturers across off-highway vehicles, agricultural machinery, and construction equipment sectors. The company specializes in designing and manufacturing complex engineered components and subsystems for global clients, leveraging its technical expertise, advanced manufacturing capabilities, and integrated supply chain to deliver customized solutions that meet stringent quality standards.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Total AUM of Rs 99,496 crore as of March 2025. CIO Devendra Singhvi runs a diversified equity book across ULIP, participating and group funds with a multi-cap bias. Active in primary issuances and secondary market block deals across sectors.