Cyient Limited
Kotak Mutual Fund decreased its stake in Cyient Limited from 3.17% to 3.08%, reducing its holding from 35,20,298 to 32,21,438 shares. The transaction was completed as a rights issue subscription.
A technology services company that provides engineering, manufacturing, data analytics, and networks and operations solutions to clients across multiple industries. Cyient specializes in digital transformation and technology-enabled services, leveraging its expertise to deliver integrated solutions for enterprise clients. The company operates as a multinational organization with headquarters in India, serving global markets through its specialized technology platform and engineering capabilities.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.