SBI Life Insurance disclosed a 1.09% stake in National Aluminium Company Limited, holding 1,99,67,731 shares, up from under 1% in the prior filing.
India's largest integrated aluminium producer, National Aluminium manufactures and sells both alumina and aluminium products for industrial and commercial applications. Incorporated in 1981, the company operates across mining, refining, and smelting operations, controlling the entire value chain from bauxite extraction to finished aluminium. Its vertical integration and captive mining assets distinguish it within India's aluminium sector.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.
