L&T Finance Limited
Kotak Mutual Fund increased its stake in L&T Finance from 2.58% to 2.93% by purchasing 87,38,253 shares.
A non-banking financial company providing a comprehensive range of financial products and services to retail and corporate customers across India. L&T Finance offers lending solutions, investment products, and financial advisory services tailored to various customer segments and requirements. The company has applied for registration as a systemically important core investment company, positioning itself as a significant player in India's growing non-banking financial sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.