DSP Mutual Fund decreased its stake in JNK India from 5.45% to 4.80%, selling 365,555 shares. The value of shares sold is ₹17.44 crore, at a price of ₹477.15 apiece. The stake now falls below the 5% disclosure threshold.
A technology-driven engineering, procurement, and construction contractor delivering renewable energy solutions across India. JNK India specializes in designing, developing, and implementing large-scale solar and wind energy projects for utility companies and industrial clients. The company combines technical expertise with strong project execution capabilities to help organizations transition toward sustainable and clean energy infrastructure while addressing India's growing power demand.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.