American Funds (Capital Group) has departed Eicher Motors Limited's disclosed shareholder list, following a prior reported stake of 1.35 percent, indicating either a complete exit or a reduction to below the 1 percent disclosure benchmark.
A leading Indian automobile manufacturer engaged in the design and production of middleweight motorcycles, commercial vehicles, and auto components. The company operates through its core motorcycle business and a joint venture with Sweden's AB Volvo for truck and bus manufacturing. Known for its dominant global position in the middleweight motorcycle segment and comprehensive commercial vehicle operations across India and international markets.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
