JSW Energy Limited
Mirae Asset Mutual Fund has dropped off the latest shareholder list for JSW Energy Limited, where Mirae Asset Mutual Fund previously held a 1.07 percent stake. This shift represents either a complete exit or a reduction below the 1 percent reporting threshold.
A vertically integrated power generation company, JSW Energy operates thermal and renewable energy assets across Karnataka, Maharashtra, Andhra Pradesh, and West Bengal. The company serves as the holding entity for the JSW group's power business and maintains strategic joint ventures in mining operations and turbine manufacturing, positioning itself as a diversified player in India's energy sector with integrated operations across the value chain.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.