Kross Limited
ICICI Prudential Mutual Fund has fallen off Kross Limited's major shareholder list after last reporting a 1.05 percent stake. This indicates the fund either fully exited the position or trimmed its holding below the 1 percent disclosure threshold.
A manufacturer of high-performance and safety-critical components for the commercial vehicle, tractor, and trailer axle industry, Kross Limited serves as a key supplier to major automotive manufacturers across India. Incorporated in 1991, the company specializes in producing precision-engineered axle components that consistently meet stringent quality and safety standards required by the industry. Its focused approach to the commercial vehicle segment positions it as a specialized and reliable player in the automotive supply chain.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.