Mtar Technologies Limited
Aditya Birla Sun Life Insurance, which previously held a 1.35 percent stake in Mtar Technologies Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction in their holding to below the 1 percent reporting threshold.
A manufacturer of precision components and equipment serving India's defense, aerospace, nuclear, and clean energy sectors. Founded in 1970 to address the nation's technical and engineering needs, the company designs and produces specialized equipment for government and industrial clients. MTAR operates multiple manufacturing units across Hyderabad and maintains dedicated facilities for export markets, positioning itself as a key supplier to critical infrastructure sectors.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Total AUM of Rs 99,496 crore as of March 2025. CIO Devendra Singhvi runs a diversified equity book across ULIP, participating and group funds with a multi-cap bias. Active in primary issuances and secondary market block deals across sectors.