LIC Mutual Fund has dropped off the Divgi TorqTransfer Systems Limited shareholder list after previously reporting a 1.43 percent stake, signaling either a complete exit or a reduction to under the 1 percent reporting threshold.
A manufacturer of automotive components and drivetrain systems, Divgi TorqTransfer Systems produces transfer cases, gearboxes, and related mechanical parts for commercial and utility vehicles across India. Established in 1964, the company serves major Indian and international automakers through its vertically integrated manufacturing operations and technical expertise. Its specialization in torque transfer technology and precision engineering distinguishes it within the automotive components sector.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.
