Bajaj Allianz Life Insurance added over 0.27% of Orient Electric in the quarter and now holds 1.27%, or 27,06,108 shares.
A leading consumer electrical brand in India, Orient Electric manufactures fans, lighting products, home appliances, and switchgears for households and commercial spaces. The company distinguishes itself through strong research and development capabilities, a commitment to continuous innovation, and a focus on creating cutting-edge lifestyle electrical products. It serves modern consumers seeking quality and reliable electrical solutions for everyday use.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.
