Ashoka WhiteOak, which previously held 1.18 percent of Omnitech Engineering Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction in their stake to below 1 percent.
A manufacturing and engineering solutions company, Omnitech Engineering specializes in precision-engineered components, turnkey industrial automation solutions, and customized mechanical systems. The company serves diverse industries including automotive, textiles, pharmaceuticals, and food processing. Its distinctive approach combines in-house design, advanced manufacturing capabilities, and systems integration expertise to deliver comprehensive solutions for complex industrial automation and mechanical engineering requirements.
India equity vehicle of WhiteOak Capital, the Singapore-headquartered manager founded in 2017 by Prashant Khemka, former CIO of Goldman Sachs Asset Management's India Equity and Global Emerging Markets businesses. WhiteOak group manages USD 10.8 bn (~Rs 96,000 cr) across SMAs and funds. Ashoka India Opportunities Fund ranks as the best-performing India UCITS fund since 2018 inception.
