Kotak Mutual Fund's name is missing from Petronet LNG Limited's latest shareholder list, down from a previously disclosed 2.15 percent stake. This indicates Kotak Mutual Fund either completely exited the position or trimmed it below the 1 percent reporting threshold.
India's primary liquefied natural gas importer and regasification terminal operator, Petronet LNG develops, constructs, and operates LNG import facilities across the country. The company specializes in receiving, storing, and regasifying liquefied natural gas for distribution to power plants, fertilizer manufacturing units, and city gas distribution networks. Its integrated terminal infrastructure, operational expertise, and strategic coastal locations make it a critical link in India's natural gas supply chain and energy security framework.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
