Tata Power Company Limited
Tata AIA Life Insurance reduced its stake in Tata Power Company Limited, selling 1,12,75,242 shares to bring its holding down to 14,750 shares.
India's largest vertically-integrated power company, Tata Power generates, transmits, and distributes electricity across the nation through thermal, hydro, and renewable energy assets. The company is transitioning toward complete renewable energy production to support India's sustainability goals. Beyond utility operations, it manufactures solar roofs and is expanding into electric vehicle charging infrastructure as part of its broader energy ecosystem strategy.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.