Emmvee Photovoltaic Power Limited
Franklin Templeton Mutual Fund increased its stake in Emmvee Photovoltaic Power Limited from 1.17% to 1.27%, purchasing 7,13,042 shares to take its total holding to 88,25,580 shares.
An integrated manufacturer of solar photovoltaic modules and cells, Emmvee Photovoltaic Power Limited operates across the full solar PV production chain. Incorporated in 2007, the company designs and manufactures solar equipment for utility-scale and distributed solar energy applications across India. Its vertical integration from cell to module production enables comprehensive quality control, supply chain efficiency, and technological advancement in renewable energy solutions.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.