Concord Enviro Systems Limited
Kotak Mutual Fund decreased its stake in Concord Enviro Systems from 5.00% to 4.35%, selling 1,33,838 shares. This took its total holding down to 9,00,000 shares.
A specialist in water treatment solutions, Concord Enviro Systems manufactures and trades water treatment plant components while providing technical consultancy and design services to industrial and municipal clients. Established in 1999, the company develops customized water purification systems tailored to specific operational requirements. Its integrated approach combining equipment manufacturing with expert engineering guidance distinguishes it within India's water treatment and environmental management sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.