Helios Mutual Fund bought 2,45,973 shares of Landmark Cars for ₹12.80 Cr at ₹520.28 apiece in a bulk deal. The transaction resulted in Helios Mutual Fund acquiring a 0.59% stake in the company.
A leading premium automotive retailer in India operating an extensive network of dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault since its incorporation in 1998. The company serves both the passenger vehicle and commercial vehicle segments, representing Ashok Leyland in the commercial vehicle retail business across the country. It operates as a vertically integrated dealer network across multiple luxury and mainstream automotive brands.
Founded by Samir Arora, the legendary Indian fund manager who founded Helios Capital in Singapore in 2006 after a storied career at Alliance Capital. One of India's best-known long/short hedge fund managers who returned to launch an India-domiciled MF. Manages equity schemes with Arora's trademark bottom-up, growth-focused style that emphasises avoiding permanent capital loss over chasing absolute returns.