Amansa Holdings initiated a new position in Escorts Kubota Limited by purchasing 15,50,856 shares, representing a 1.39% stake in the company. The stake is valued at approximately ₹455.5 crore based on a share price of ₹2937.00.
A leading Indian engineering conglomerate, Escorts Kubota manufactures agricultural machinery, construction equipment, material handling solutions, and railway equipment for domestic and international markets. The company operates through a joint venture with Kubota Corporation of Japan, strengthening its technological capabilities and market position in farm mechanization. Its diversified portfolio spans tractors, engines, and industrial equipment across multiple sectors.
Singapore-based India-dedicated equity fund founded in 2006 by Akash Prakash (ex-GIC, ex-Temasek India). Concentrated long-only strategy with ~20 listed positions and a disclosed book value of roughly Rs 17,000 cr across names like GMM Pfaudler, Fortis Healthcare, V-Mart Retail and Eicher Motors. One of the original India-only foreign hedge funds, with ~USD 1 bn+ in assets.