Theleme India increased its stake in CSB Bank Limited from 2.59% to 2.65%, buying 1,00,000 shares worth ₹3.63 Cr.
One of India's oldest private sector banks with over 98 years of history, CSB Bank Limited provides comprehensive banking services across retail, SME, and NRI customer segments. The bank maintains a strong presence in Kerala and operates through an extensive branch network. It specializes in serving small and medium enterprises, individual customers, and non-resident Indians with tailored financial solutions.
India equity vehicle of Theleme Partners, a London-based concentrated hedge fund founded in 2009 by Patrick Degorce (founding partner of TCI under Chris Hohn, ex-Merrill Lynch and Lehman). Theleme runs around USD 2 bn in 13F securities across a high-conviction global long book that frequently includes large Indian positions.