NCC Limited
Tata AIA Life Insurance entered NCC Limited with a new position, acquiring 1,39,50,733 shares, representing a 2.22% stake in the company.
A civil construction company incorporated in 1978, NCC undertakes turnkey engineering, procurement, and construction contracts along with build-operate-transfer projects on a public-private partnership basis. The company delivers integrated infrastructure solutions across multiple sectors, managing complex projects from conceptualization through design, execution, and long-term operation. NCC operates as a comprehensive EPC contractor with demonstrated expertise in handling large-scale infrastructure development initiatives across India.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.