Landmark Cars Limited
ICICI Prudential Life Insurance reduced its stake in Landmark Cars from 3.66% to 2.98%, with its holding declining from 15,15,908 to 12,34,669 shares. Previously disclosed transactions in the quarter account for 1,02,111 shares of this 2,81,239-share quarterly change.
A leading premium automotive retailer in India operating an extensive network of dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault since its incorporation in 1998. The company serves both the passenger vehicle and commercial vehicle segments, representing Ashok Leyland in the commercial vehicle retail business across the country. It operates as a vertically integrated dealer network across multiple luxury and mainstream automotive brands.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.