Setu (AIF) took a new position in Navkar Urbanstructure Limited, acquiring 2,75,03,539 shares, which represents a 2.45% stake in the company. The approximate value of this acquisition is ₹2.97 crore, based on the share price of ₹1.08.
Navkar Urbanstructure Limited, founded in 1992 and headquartered in Ahmedabad, Gujarat, specializes in construction and infrastructure development. The company designs and executes sewage treatment plants, water transmission pipelines, and commercial and industrial projects. It also manufactures RCC pipes. With over 27 years of multidisciplinary experience, it is listed on both the BSE and NSE.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.
