Minda Corporation Limited
Kotak Mahindra Life Insurance acquired a 1.06% stake in Minda Corporation, holding 25,42,961 shares, up from under 1% in the previous quarter.
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.
Wholly owned subsidiary of Kotak Mahindra Bank. Crossed Rs 1 lakh crore in AUM in November 2025, the 25th year of operations, with a 19% CAGR since 2010. CIO Radhavi Deshpande joined from Kotak Mahindra Bank's proprietary trading desk in April 2021 and runs a disciplined large and midcap equity book.