LMW Limited
Theleme India is no longer listed among LMW Limited's major shareholders, meaning the investor either fully exited or trimmed its previous 1.02 percent stake below the 1 percent regulatory disclosure threshold.
A leading manufacturer of textile machinery in India, Lakshmi Machine Works produces spinning machinery, CNC machine tools, heavy castings, and precision components for the textile and industrial sectors. The company operates through vertically integrated facilities spanning design, manufacturing, and production. Its comprehensive portfolio addresses equipment and component requirements across textile spinning, precision machining, foundry operations, and related industries.
India equity vehicle of Theleme Partners, a London-based concentrated hedge fund founded in 2009 by Patrick Degorce (founding partner of TCI under Chris Hohn, ex-Merrill Lynch and Lehman). Theleme runs around USD 2 bn in 13F securities across a high-conviction global long book that frequently includes large Indian positions.