HDFC Life Insurance increased its stake in Amber Enterprises India Limited from 1.13% to 1.97% by purchasing 297,221 shares. The stake is valued at approximately ₹215.48 crore based on the share price of ₹7250.00.
A leading air conditioner solutions provider, Amber Enterprises manufactures and supplies room air conditioners for original equipment manufacturers and original design manufacturers across India. Incorporated in 1956, the company operates as a prominent player in the household appliances sector, delivering customized air conditioning solutions and components to major OEM and ODM clients throughout the Indian market. The company specializes in both manufacturing and design services for the air conditioning industry.
HDFC Life Insurance Company Limited, institutional investor in Indian equities
