SBI Life Insurance trimmed its stake in Elin Electronics from 1.21% to 1.10%, selling 56,467 shares worth ₹61 lakh.
A manufacturer of electronic components and assemblies, Elin Electronics provides electronics manufacturing services to various industries including household appliances. Incorporated in 1982, the company specializes in producing consumer electronic products for domestic and international markets. The firm operates as a contract manufacturer, offering design support, engineering capabilities, and end-to-end production solutions to clients across multiple sectors and applications.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.
