ASK Automotive Limited
SBI Life Insurance reduced its stake in ASK Automotive from 3.06% to 2.89%, selling 3,39,958 shares.
A manufacturer of advanced braking systems for two-wheelers in India, ASK Automotive specializes in developing and producing high-performance brake components since its incorporation in 1988. The company focuses on delivering safety-critical automotive solutions to the two-wheeler segment, serving both domestic and international markets. Its core expertise lies in braking technology innovation, precision engineering, and manufacturing for the motorcycle and scooter industry across multiple platforms.
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.