Titan Company Limited
ICICI Prudential Mutual Fund has fallen off Titan Company Limited's major shareholder list this quarter, meaning the previously held 1.26 percent stake was either completely sold or trimmed below the 1 percent reporting threshold.
One of India's most respected lifestyle companies, Titan operates across watches, jewellery, and eyewear categories through a portfolio of trusted brands. Founded in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation, the company has established leadership positions in these segments through differentiated retail experiences, quality products, and strong brand recognition across Indian markets.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.