LIC Mutual Fund, which previously held 2.27 percent of Ador Welding Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of its stake to below the 1 percent reporting threshold.
A leading manufacturer of welding products, technologies, and services, Ador Welding serves diverse industrial sectors including oil and gas, petrochemicals, refineries, and related industries. The company provides customized solutions for complex, multi-disciplinary engineering projects and contracts. Its integrated offerings span welding equipment, consumables, technical expertise, and on-site services, positioning it as a comprehensive solution provider for critical infrastructure and industrial applications.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.