Electrosteel Castings Limited

Belgrave Investment Fund sold 2.89 Cr shares of Electrosteel Castings Limited through the open market, reducing its stake from 5.47% to 0.79%.

A manufacturer of ductile iron pipes, ductile iron fittings, and cast iron pipes for water and sewage infrastructure applications across India. The company also produces and supplies pig iron as a core offering. Electrosteel Castings operates as a vertically integrated producer in the iron and steel products sector, serving municipal and industrial customers with foundry-cast products and raw material solutions.

A Mauritius-based foreign portfolio investor, Belgrave Investment Fund, that invests in Indian listed equities and is an active anchor investor in Indian IPOs, including in the SME segment.