GNA Axles Limited
ICICI Prudential Mutual Fund has dropped off the shareholder list for GNA Axles Limited. Previously holding 1.38 percent, the fund either fully exited the position or trimmed its stake to just below the 1 percent regulatory disclosure threshold.
A manufacturer of automotive components for the four-wheeler industry, GNA Axles specializes in producing rear axles, shafts, spindles, and related automobile parts for domestic and international markets. The company serves as a key component supplier within India's automotive sector, with expertise in precision engineering and manufacturing. Its vertical integration and focus on quality components for the commercial and passenger vehicle segments distinguish it in the automotive supplier ecosystem.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.