GNG Electronics Limited
Mirae Asset Mutual Fund initiated a new position in GNG Electronics Limited, acquiring 19,32,441 shares for ₹75.36 crore at ₹390 apiece, representing a 1.69% stake. This occurred as the promoter sold shares to meet minimum public shareholding norms.
A technology company incorporated in 2006, GNG Electronics Limited specializes in refurbishing laptops, desktops, and ICT devices for markets across India and globally. The firm operates in the electronics refurbishment sector, extending the lifecycle of computing equipment through professional restoration and comprehensive quality assurance processes. Its services cater to both domestic and international clients seeking reliable, cost-effective technology solutions and sustainable computing alternatives.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.