Minda Corporation Limited
ICICI Prudential Mutual Fund now holds 1.16% of Minda Corporation, up from under 1%, after being named as a shareholder with 27,61,387 shares.
A leading automotive component manufacturer in India with a pan-India presence and international operations. Minda Corporation produces electrical, lighting, and mechanical components for two-wheelers, three-wheelers, commercial vehicles, and passenger cars. The company operates as the flagship entity of Spark Minda and serves major original equipment manufacturers across multiple vehicle segments through advanced manufacturing facilities and quality systems.
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.