Chennai Petroleum Corporation Limited
ICICI Prudential Mutual Fund, which previously held 1.16 percent of Chennai Petroleum Corporation Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting threshold.
A vertically integrated refiner headquartered in Chennai, CPCL processes crude oil to produce a range of petroleum products including diesel, petrol, aviation fuel, and naphtha for domestic and export markets. The company also manufactures lubricating oil additives for industrial and automotive applications. Operating as a state-owned enterprise, CPCL serves as a key supplier to India's energy, transportation, and manufacturing sectors.
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.