Tata Steel Limited
Nippon India Mutual Fund, last seen with a 1.1 percent stake, is no longer listed among Tata Steel Limited's major shareholders. This change indicates Nippon India Mutual Fund either executed a complete exit or reduced its holding below the 1 percent threshold.
Asia's first integrated private steel company, Tata Steel operates across the entire value chain from mining iron ore and coal to producing and distributing finished steel products. Established in 1907, the company maintains a vertically integrated business model spanning exploration, processing, manufacturing, and distribution. It serves automotive, construction, infrastructure, and industrial sectors across India and internationally, leveraging its diversified operations and technical expertise.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.