Subros Limited
UTI Mutual Fund decreased its stake in Subros Limited from 2.19% to 2.13% by selling 34,667 shares.
A manufacturer of automotive air conditioning systems serving all major Indian automakers in both passenger and commercial vehicle segments. Established in 1985 as a joint venture between the Suri family, Denso Corporation of Japan, and Suzuki Motor Corporation of Japan, the company designs and supplies climate control products. It maintains technical collaboration with Denso to develop advanced cooling technologies for the automotive industry.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.