Aequs Limited
SBI Mutual Fund decreased its stake in Aequs Limited from 2.12% to 1.89%, selling 15,37,979 shares. The value of the remaining 1.27 crore shares is ₹290.04 crore at ₹228.38 apiece.
A precision engineering company specializing in high-complexity aerospace components and assemblies for global original equipment manufacturers and Tier-1 suppliers in the civil aviation sector. Founded in 2000, Aequs delivers critical aircraft parts requiring advanced manufacturing capabilities and strict quality standards. The company operates as a vertically integrated manufacturer, serving international clients with expertise in precision machining, fabrication, and assembly operations.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.