Kotak Mahindra Life Insurance increased its stake in Venus Pipes & Tubes Limited from 4.56% to 4.58%, purchasing 4,306 additional shares. This increases their total holding to 949,390 shares.
A manufacturer and exporter of stainless steel pipes and tubes, Venus Pipes produces seamless and welded tube products across multiple categories. These include high precision tubes, heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes, and box pipes for diverse industrial applications. The company serves both domestic and international markets with specialized stainless steel pipe solutions and technical expertise.
Wholly owned subsidiary of Kotak Mahindra Bank. Crossed Rs 1 lakh crore in AUM in November 2025, the 25th year of operations, with a 19% CAGR since 2010. CIO Radhavi Deshpande joined from Kotak Mahindra Bank's proprietary trading desk in April 2021 and runs a disciplined large and midcap equity book.