Bajaj Allianz Life Insurance trimmed its stake in Ksb Limited from 1.48% to 1.40% by selling 1,48,922 shares. The transaction was valued at ₹13.46 crore, with shares priced at ₹903.60 apiece.
A manufacturer of industrial pumps and engineered fluid handling solutions, KSB Ltd serves agriculture, wastewater treatment, energy, and oil and gas sectors. The company produces standard end suction pumps, high-pressure multistage pumps, submersible motor pumps, and monoblock pumps alongside value-added components. Its comprehensive product range addresses critical fluid management needs across nuclear power plants, conventional power generation facilities, and various other industrial applications globally.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.