Affluence Gems has dropped off the latest shareholder list for Karbonsteel Engineering Limited, where it previously held a 1.0 percent stake. This indicates either a complete exit or a reduction of the holding to under the 1 percent reporting threshold.
An engineering solutions provider specializing in designing, manufacturing, and supplying high-quality products for the civil construction and industrial sectors. Karbonsteel Engineering delivers customized engineering solutions tailored to diverse client requirements across infrastructure, construction, and manufacturing industries. The company operates with a vertically integrated approach, managing every stage from initial design conception through to final product delivery and installation support.
Ahmedabad-based private limited company incorporated in 2011, operating in jewellery and gemstone trade with directors Dhiren Mahendrkumar Shah and Malaybhai Shantilal Kothari. Surplus cash is deployed in Indian listed equities, with disclosed positions surfacing in smallcap shareholding patterns.
