GNG Electronics Limited
Motilal Oswal Mutual Fund acquired 11,59,846 shares, representing a 1.02% stake, in GNG Electronics Limited. The shares were acquired through a block deal at ₹390 apiece, valuing the transaction at ₹45.23 crore. Other institutional investors, including Goldman Sachs, Mirae Asset Mutual Fund, ITI Mutual Fund, Edelweiss Mutual Fund, and Trust Mutual Fund, also participated in the block deal, where promoter Vidhi S Khandelwal sold 44,87,203 shares to comply with minimum public shareholding norms.
A technology company incorporated in 2006, GNG Electronics Limited specializes in refurbishing laptops, desktops, and ICT devices for markets across India and globally. The firm operates in the electronics refurbishment sector, extending the lifecycle of computing equipment through professional restoration and comprehensive quality assurance processes. Its services cater to both domestic and international clients seeking reliable, cost-effective technology solutions and sustainable computing alternatives.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.