Autoline Industries Limited
Utpal Sheth sold 4,48,125 shares of Autoline Industries for ₹3.87 Cr at ₹86.26 apiece in a bulk deal.
A manufacturer of sheet metal stampings, welded assemblies, and modules for the automotive industry, Autoline Industries serves major vehicle producers across India. Incorporated in 1996, the company specializes in precision-engineered components that form critical parts of automotive vehicle structures and systems. Its focus on quality manufacturing, technical expertise, and long-term supplier relationships distinguishes it within the competitive auto components and equipment sector.
Rakesh Jhunjhunwala's partner of nearly three decades and chief executive of RARE Enterprises, the firm the two built together after meeting in the 1990s. Jhunjhunwala described the partnership as 1 plus 1 equals 11. Practises what he calls terminal value investing, judging a business by what it is worth over a long arc rather than the next few quarters, and looking for megatrends, capable leadership and durable intangibles such as brand. Sells when the reason for owning a company stops being true, whether that is governance, capital allocation or valuation rather than price alone. Also founded the Trust Group, a financial services platform known for its debt capital markets franchise.