Vishal Mega Mart Limited
Kotak Mutual Fund increased its stake in Vishal Mega Mart from 4.98% to 5.01%, buying 15,54,062 shares via open market. This transaction increased its holding to 23,43,05,556 shares, crossing the 5% disclosure threshold.
A hypermarket chain operating across India, Vishal Mega Mart offers a diverse range of products including apparel, groceries, electronics, and home essentials under one roof. The company serves customers through a network of retail stores designed to provide convenient one-stop shopping experiences. Established in 2001, it operates as a diversified retail business catering to everyday consumer needs across multiple product categories and price points.
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.