Vodafone Idea Limited
Kotak Mutual Fund decreased its stake in Vodafone Idea from 1.05% to 1.04%, selling 1,61,27,748 shares for approximately ₹21 Cr at ₹13.00 apiece.
One of India's leading telecommunications service providers, Vodafone Idea operates across mobility services, long-distance connectivity, handset trading, and data card distribution. The company delivers comprehensive cellular and fixed-line communication solutions to customers nationwide through an integrated service model. It distinguishes itself by combining voice, data, and device offerings across multiple customer segments in the Indian telecom landscape.
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.