Nalwa Sons Investments Limited
First Water decreased its holding in Nalwa Sons Investments by 1,659 shares to 61,192 shares, trimming its stake from 1.22% to 1.19%.
A non-banking investment company engaged in holding and managing equity shares across diversified business sectors. Nalwa Sons Investments provides strategic financial support to group companies through equity investments and structured lending arrangements. The company operates as a closed investment entity focused on long-term capital appreciation and value creation within its corporate group structure.
India-focused and FPI co-founded by Arun Chulani (CA, MSc LSE, ex-Ikarus Petroleum) and Ricky Kirpalani. Concentrated long-only value strategy holding 15 to 18 stocks for 5 to 7 year horizons. Patient capital with a Buffett-style preference for moaty Indian businesses available at sensible prices.