Voltas Limited
ICICI Prudential Life Insurance entered Voltas Limited with a new position of 3,370,309 shares, representing a 1.02% stake worth ₹452.41 Cr.
A diversified engineering and appliances company, Voltas operates across air conditioning, refrigeration, and electro-mechanical project contracting in domestic and international markets including the Middle East and Singapore. The company provides specialized engineering products and services for mining, water management, treatment systems, construction equipment, and the textile industry. Its integrated business model spans both consumer appliances and large-scale infrastructure solutions across multiple sectors.
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.