Promoter group member Maninder Singh sold 11.35 lakh shares of GNA Axles for ₹49.60 Cr at ₹436.70 apiece, reducing his stake from 10.60% to 7.95%.
A manufacturer of automotive components for the four-wheeler industry, GNA Axles specializes in producing rear axles, shafts, spindles, and related automobile parts for domestic and international markets. The company serves as a key component supplier within India's automotive sector, with expertise in precision engineering and manufacturing. Its vertical integration and focus on quality components for the commercial and passenger vehicle segments distinguish it in the automotive supplier ecosystem.
