Bharat Bijlee Limited

WhiteOak Capital Mutual Fund, which previously held a 1.38 percent stake in Bharat Bijlee Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction of its holding to below the 1 percent reporting requirement.

An electrical engineering company established in 1946, Bharat Bijlee manufactures transformers, electric motors, elevator systems, drives, and automation equipment for industrial and infrastructure applications. The company also provides comprehensive turnkey solutions for EHV switchyards, HV and MV substations, and electrical balance of plant systems. It serves as a diversified provider of electrical infrastructure and equipment across India's power and industrial sectors.

Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.