Pitti Engineering Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in Pitti Engineering from 4.54% to 4.39%, selling 56,106 shares.
A manufacturer of electrical steel laminations, motor cores, and die-cast rotors for industrial applications. Pitti Engg. produces sub-assemblies, press tools, and precision-machined metal components serving the automotive, electrical equipment, and industrial machinery sectors. The company operates vertically integrated manufacturing facilities with capabilities in casting, machining, and assembly operations, serving domestic and export markets.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.