Indo Tech Transformers Limited
360 ONE Mutual Fund bought 84,700 shares of Indo Tech Transformers Limited for ₹25.28 Cr at ₹2985.00 apiece in a block deal.
A manufacturer of power and distribution transformers, Indo Tech Transformers Ltd. specializes in producing transformers for various applications, including mobile substation transformers and complete substation solutions. The company serves utilities, industries, and infrastructure projects across India, offering customized transformer technology and related electrical equipment designed for reliable power distribution and transmission networks.
360 ONE Mutual Fund is the mutual fund arm of 360 ONE Asset Management, formerly IIFL Asset Management, part of the 360 ONE group, one of India's largest wealth and asset managers. Launched in 2010, it runs a focused range of equity and hybrid schemes built around a concentrated, research led approach. Its investments are overseen by chief investment officer Anup Maheshwari.