Aeroflex Industries Limited
Nippon India Mutual Fund, which previously held 1.79 percent of Aeroflex Industries Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting requirement.
A manufacturer of environment-friendly metallic flexible flow solution products, Aeroflex Industries supplies specialized piping and ducting systems to industrial clients across India. Incorporated in 1993, the company focuses on delivering durable, corrosion-resistant metal hose assemblies and expansion joints for demanding applications in petrochemical, power generation, and manufacturing sectors. Its core strength lies in producing high-quality flexible solutions that meet stringent industry standards while maintaining environmental compliance and operational reliability.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.