Setu bought 4,44,800 shares of JD Cables Limited for ₹7.64 Cr at ₹171.70 apiece in a bulk deal.
A manufacturer of cables and conductors for India's power transmission and distribution infrastructure, JD Cables Limited produces electrical cables serving utility companies and industrial applications. The company specializes in high-voltage and low-voltage cable solutions designed to meet the demands of reliable power systems across the country. Incorporated in 2015, it operates as a dedicated player in electrical cable manufacturing with a focus on quality and performance.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.
