Schneider Electric Infrastructure Limited
Nippon India Mutual Fund decreased its stake in Schneider Electric Infrastructure Limited from 1.17% to 1.01%, selling 3,84,311 shares.
A manufacturer of advanced products and systems for electricity networks, Schneider Electric Infrastructure Limited designs, builds, and services technologically sophisticated equipment for power distribution and grid management. The company specializes in heavy electrical infrastructure solutions that support critical network operations and energy transmission across India. Operating since its incorporation in 2011, it serves utilities, industrial customers, and power sector operators requiring reliable and durable network infrastructure solutions.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.