Abu Dhabi Investment Authority, which previously held a 2.26 percent stake in M & B Engineering Limited, has dropped from the company's latest disclosed shareholder list, indicating either a complete sale or a reduction to below the 1 percent reporting threshold.
A design-led engineering solutions provider incorporated in 1981, M and B Engineering delivers specialized industrial equipment and comprehensive services across multiple sectors in India. The company focuses on custom engineering design, manufacturing, and project execution for diverse industrial applications. Its distinctive approach combines deep technical expertise with tailored solutions developed specifically for individual client requirements and operational challenges.
Sovereign wealth fund of the Emirate of Abu Dhabi, established in 1976 and one of the world's largest SWFs with around USD 1 trillion in assets. Long-term, multi-decade horizon. Indian equities sit inside its emerging markets allocation and ADIA is a consistent anchor in marquee Indian IPOs and large-block deals.
