Axis Mutual Fund, which last held 1.38 percent of KNR Constructions Limited, has exited the company's disclosed shareholder list, indicating either a complete sale or a reduction of its stake below the 1 percent disclosure threshold.
A Hyderabad-based infrastructure company providing engineering, procurement, and construction services across roads, highways, irrigation, and urban water infrastructure projects. Established in 1995, the company specializes in end-to-end project execution and infrastructure development. KNR Constructions focuses on delivering integrated EPC solutions for transportation and water management sectors across India, combining technical expertise with project management capabilities to serve government and private sector clients.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
