TIL Limited
Girish Gulati decreased his stake in TIL Limited from 3.91% to 3.68%, selling 91,792 shares. The transaction value is approximately ₹1.97 Cr at ₹214.93 per share.
A leading manufacturer of material handling and construction equipment, TIL Limited produces lifting solutions, port machinery, and road construction vehicles for the Indian market. The company distinguishes itself through integrated customer support and comprehensive after-sales service across its entire product portfolio. TIL operates as a vertically integrated enterprise, delivering specialized equipment and solutions to infrastructure developers, construction companies, and port operators throughout India.
High-conviction investor in India's defence and industrial manufacturing themes, with positions in Avantel (defence electronics), TIL (material handling equipment), and agro-chemicals, all held through personal and HUF accounts. Disclosed portfolio: ~₹366 Cr across 13 stocks. His defence thesis was in place well before 'Make in India' became a consensus trade. Minimal churn, maximum conviction.