Engineers India Limited
ICICI Prudential Mutual Fund, which previously held 1.14 percent of Engineers India Limited, has dropped off the latest disclosed shareholder list, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting threshold.
A central public sector undertaking operating under the Ministry of Petroleum and Natural Gas, Engineers India provides comprehensive engineering consultancy and project execution services. The company undertakes turnkey contracts across the energy, refining, and infrastructure sectors, delivering integrated solutions spanning design, engineering, procurement, and construction. Its distinctive strength lies in managing complex, large-scale projects requiring specialized technical expertise and end-to-end project delivery capabilities in challenging environments.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.