VISA Chrome Limited
Al Maha Investment Fund acquired 78,94,000 shares of VISA Chrome Limited for ₹30 Cr at ₹38.00 apiece through an open market transaction. This purchase raised its stake from 0% to 5.41%, crossing the 5% disclosure threshold.
A manufacturer of high carbon ferro chrome and specialized ferro alloys, Visa Steel serves the steel and stainless steel industries across India and international markets. Incorporated in 1996, the company produces quality ferro alloys used as essential additives in steel production processes. Its operations focus on delivering specialized materials that enhance the metallurgical properties and performance characteristics of finished steel products for various applications.
A Mauritius based protected cell fund (Onyx strategy) that invests in Indian equities, active across small and mid cap names and as an anchor investor in SME listings.