Theleme India bought 11,06,374 shares of CSB Bank, increasing its stake from 2.65% to 3.29%.
One of India's oldest private sector banks with over 98 years of history, CSB Bank Limited provides comprehensive banking services across retail, SME, and NRI customer segments. The bank maintains a strong presence in Kerala and operates through an extensive branch network. It specializes in serving small and medium enterprises, individual customers, and non-resident Indians with tailored financial solutions.
India equity vehicle of Theleme Partners, a London-based concentrated hedge fund founded in 2009 by Patrick Degorce (founding partner of TCI under Chris Hohn, ex-Merrill Lynch and Lehman). Theleme runs around USD 2 bn in 13F securities across a high-conviction global long book that frequently includes large Indian positions.
