L & T MUTUAL FUND TRUSTEE LIMITED - L & T EMERGING BUSINESSES FUND

As of Sep 2022, L & T MUTUAL FUND TRUSTEE LIMITED - L & T EMERGING BUSINESSES FUND — an institution tracked through public shareholding filings — disclosed 24 holdings in Indian listed companies worth ₹3,167 crore. The same holdings-at-filing-value basis put it at ₹3,146 crore in Jun 2022 (+0.7%). Solomo carries these filings back to Mar 2017.

Largest disclosed positions in Sep 2022: K P R Mill Ltd (KPRMILL — 3.48% of the company, ₹638 crore); Grindwell Norton Ltd (GRINDWELL — 1.65% of the company, ₹376 crore); KEI Industries Ltd (KEI — 1.50% of the company, ₹196 crore); EIH Ltd (EIHOTEL — 1.63% of the company, ₹190 crore); H.G. Infra Engineering Ltd (HGINFRA — 4.72% of the company, ₹182 crore). Those 5 account for 50% of the disclosed value.

Changes in the Sep 2022 filings: Stake raised in EIH Ltd (+0.43 pp), Prudent Corporate Advisory Services Ltd (+0.25 pp), Maharashtra Seamless Ltd (+0.16 pp). Stake reduced in ISGEC Heavy Engineering Ltd (−0.88 pp), K P R Mill Ltd (−0.83 pp), Birlasoft Ltd (−0.70 pp). No longer disclosed after the previous quarter: Persistent Systems Ltd, Finolex Industries Ltd, Greenply Industries Ltd, Amber Enterprises India Ltd — which can mean a sale, a stake falling below the 1% disclosure line, or that name not filing this quarter.