Petronet LNG Limited
Kotak Mutual Fund reduced its stake in Petronet LNG from 2.33% to 2.16% by selling 25,06,139 shares.
India's primary liquefied natural gas importer and regasification terminal operator, Petronet LNG develops, constructs, and operates LNG import facilities across the country. The company specializes in receiving, storing, and regasifying liquefied natural gas for distribution to power plants, fertilizer manufacturing units, and city gas distribution networks. Its integrated terminal infrastructure, operational expertise, and strategic coastal locations make it a critical link in India's natural gas supply chain and energy security framework.
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.