AIA Engineering Limited
Kotak Mutual Fund increased its stake in AIA Engineering from 1.36% to 1.44%, purchasing 73,449 shares.
A manufacturer of high-chrome grinding media, liners, and diaphragms collectively known as mill internals, AIA Engineering serves the cement, power utility, aggregates, and mining industries globally. The company specializes in producing wear-resistant components used in crushing and grinding operations across these sectors. Its focused expertise in manufacturing durable mill internals for demanding industrial applications distinguishes it within the castings and forgings industry.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.