Bharat Petroleum Corporation Limited
Kotak Mutual Fund, which previously held a 1.29 percent stake in Bharat Petroleum Corporation Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its holding below the 1 percent disclosure threshold.
A public sector refiner and marketer of petroleum products, Bharat Petroleum operates integrated facilities for crude oil processing and distribution across India. The company maintains a significant downstream presence through its extensive network of retail outlets, distribution centers, and supply infrastructure. Its operations span refining, marketing, logistics, and trading of petroleum products across domestic and international markets, serving consumers and industrial clients nationwide.
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.