Meru Investments increased its stake in Vilas Transcore from 1.03% to 1.21%, purchasing 44,750 shares.
A manufacturer and supplier of specialized components for India's power distribution and transmission sector, Vilas Transcore serves utilities and industrial clients with critical electrical infrastructure equipment. Incorporated in 2006, the company designs and produces components tailored to the unique requirements of power transmission systems. Its expertise in this niche segment positions it as a reliable supplier within the country's energy infrastructure landscape.
Meru Investment Fund PCC is a foreign portfolio investor that is among the more active anchor investors in Indian SME IPOs. It has backed offerings across sectors such as electric equipment, infrastructure, steel, textiles, and chemicals.
