Omnitech Engineering Limited
Nippon India Mutual Fund bought 90,13,816 shares of Omnitech Engineering Limited in an open market transaction on March 4, 2026, for ₹458.46 Cr at ₹508.65 apiece, acquiring a 7.29% stake and crossing the 5% disclosure threshold.
A manufacturing and engineering solutions company, Omnitech Engineering specializes in precision-engineered components, turnkey industrial automation solutions, and customized mechanical systems. The company serves diverse industries including automotive, textiles, pharmaceuticals, and food processing. Its distinctive approach combines in-house design, advanced manufacturing capabilities, and systems integration expertise to deliver comprehensive solutions for complex industrial automation and mechanical engineering requirements.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.