Diffusion Engineers Limited

3P India Equity Fund, which previously held 1.85 percent of Diffusion Engineers Limited, has exited the disclosed shareholder list, indicating either a complete sale or a reduction of its stake to below the 1 percent reporting requirement.

A manufacturer of welding consumables, wear plates, wear parts, and heavy engineering machinery established in 1982. The company serves diverse industrial sectors requiring specialized metal fabrication, erosion resistance, and heavy equipment solutions. Diffusion Engineers operates across multiple product lines, supplying both consumables and engineered components to customers throughout India's manufacturing and infrastructure sectors.

Launched May 2023 by 3P Investment Managers, managing around Rs 16,269 cr by January 2026, making it one of the fastest-scaling India equity AIFs ever. Managed by Prashant Jain, who ran HDFC Mutual Fund as CIO for 18 years (2004 to 2022) and is among India's most-followed long-only managers. Mohnish Pabrai is an anchor investor.