Edelweiss Mutual Fund bought 6,41,028 shares of GNG Electronics Limited for ₹25.00 Cr at ₹390.00 apiece in a block deal. This transaction was part of a larger block deal where the promoter, Vidhi S Khandelwal, sold 44.87 lakh shares to meet minimum public shareholding requirements.
A technology company incorporated in 2006, GNG Electronics Limited specializes in refurbishing laptops, desktops, and ICT devices for markets across India and globally. The firm operates in the electronics refurbishment sector, extending the lifecycle of computing equipment through professional restoration and comprehensive quality assurance processes. Its services cater to both domestic and international clients seeking reliable, cost-effective technology solutions and sustainable computing alternatives.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.
