Minda Corporation Limited
Kotak Mutual Fund added over 2.02% of Minda Corporation Limited in the quarter and now holds 3.02% of the company, representing 72,10,335 shares.
A leading automotive component manufacturer in India with a pan-India presence and international operations. Minda Corporation produces electrical, lighting, and mechanical components for two-wheelers, three-wheelers, commercial vehicles, and passenger cars. The company operates as the flagship entity of Spark Minda and serves major original equipment manufacturers across multiple vehicle segments through advanced manufacturing facilities and quality systems.
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.