Pitti Engineering Limited
Kotak Mahindra Life Insurance sold 2,30,866 shares of Pitti Engineering, reducing its stake from 3.21% to 2.59%.
A manufacturer of electrical steel laminations, motor cores, and die-cast rotors for industrial applications. Pitti Engg. produces sub-assemblies, press tools, and precision-machined metal components serving the automotive, electrical equipment, and industrial machinery sectors. The company operates vertically integrated manufacturing facilities with capabilities in casting, machining, and assembly operations, serving domestic and export markets.
Wholly owned subsidiary of Kotak Mahindra Bank. Crossed Rs 1 lakh crore in AUM in November 2025, the 25th year of operations, with a 19% CAGR since 2010. CIO Radhavi Deshpande joined from Kotak Mahindra Bank's proprietary trading desk in April 2021 and runs a disciplined large and midcap equity book.