Voltamp Transformers Limited
Max Life Insurance trimmed its stake in Voltamp Transformers from 1.96% to 1.91%, selling 5,422 shares worth ₹5.16 crore at ₹9,522 apiece.
A Baroda-based manufacturer specializing in the design and production of oil-filled power and distribution transformers across various voltage classes and ratings. The company serves industrial, utility, and commercial sectors with transformers used in electrical infrastructure projects and power distribution networks. Voltamp Transformers operates as a key supplier in India's heavy electrical equipment sector, with expertise in custom transformer solutions.
Now branded Axis Max Life after Axis Bank took a controlling stake. Crossed Rs 1.5 lakh crore in AUM in April 2024 with over 20% YoY growth and has continued to compound. CIO Sachin Bajaj has over 25 years of investment experience and runs a multi-cap equity book across ULIP, par and non-par funds with a quality and growth tilt.