PNC Infratech Limited
ICICI Prudential Mutual Fund, which previously held 2.1 percent of PNC Infratech Limited, is no longer listed among its publicly disclosed shareholders, indicating either a complete sale or a reduction in its stake to below 1 percent.
A leading infrastructure development and construction company in India, PNC Infratech undertakes major projects spanning highways, bridges, flyovers, power transmission lines and towers, airport runways, and industrial area development. The company delivers comprehensive end-to-end infrastructure solutions across diverse sectors, establishing itself as a front-runner in the country's infrastructure development and construction landscape with a focus on quality execution and timely project delivery.
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.