Electrotherm (India) Limited
Radiant Global increased its stake in Electrotherm (India) Limited from 1.41% to 3.91%, acquiring 3,18,494 shares through a rights issue. Prior disclosures in the quarter accounted for 2,15,725 shares of this change.
An engineering and technology company incorporated in 1983, Electrotherm manufactures special steel products and electric vehicles for industrial and commercial applications. The company operates integrated operations across specialty steel production, advanced engineering solutions, and electric vehicle manufacturing. Its diversified portfolio spanning steel and clean mobility technologies distinguishes it within India's engineering and manufacturing sector, serving varied customer segments across multiple industries.
Radiant Global Fund is a Mauritius-domiciled open-ended fund registered as a Category I foreign portfolio investor. It runs a global equity derivatives and arbitrage strategy focused primarily on the Indian and US markets, and acts as an anchor investor in Indian SME offerings.