NTPC Limited
Kotak Mutual Fund, which previously held 1.09 percent of NTPC Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting requirement.
India's largest power generation company, NTPC operates thermal power plants and sells bulk electricity to state utilities across the country. Beyond power generation, the company provides engineering consultancy, project management and supervision services to clients. Its subsidiaries and joint ventures extend operations into energy trading, oil and gas exploration, and coal mining, establishing NTPC as a diversified player in India's energy sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.