GE Vernova T&D India Limited

Kotak Mutual Fund decreased its stake in GE Vernova T&D India Limited from 4.28% to 2.45%, selling 46,68,631 shares. The value of the shares sold is approximately ₹2052.87 Cr.

A leading provider of power transmission and distribution solutions in India, GE Vernova T&D operates within the Grid Solutions business of General Electric. The company designs and manufactures equipment for connecting generation sources to electrical grids, serving utilities and infrastructure developers across the nation. With over a century of industry experience, it offers a comprehensive range of products for power evacuation and grid connectivity.

Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.