Jyoti CNC Automation Limited
ICICI Prudential Life Insurance reduced its stake in Jyoti CNC Automation from 2.07% to 1.50%, selling 13,02,728 shares.
A leading manufacturer of simultaneous 5-axis CNC machines in India, Jyoti CNC Automation designs and produces precision machine tools for aerospace, defence, auto components, and general engineering sectors. The company brings decades of expertise in advanced CNC technology and serves diverse industrial customers across multiple critical industries with specialized solutions for complex machining applications.
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.