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Amansa Capital reduces stake in Kirloskar Brothers from 6.05% to 2.72%


Kirloskar Brothers

Kirloskar Brothers Limited (KBL) is a world class pump manufacturing company with expertise in engineering and manufacture of systems for fluid management.

KBL has eight manufacturing facilities in India at Kirloskarvadi, Dewas, Kondhapuri, Shirwal, Sanand, Kaniyur, Kolhapur and Karad. In addition, KBL has global manufacturing and packaging facilities in Egypt, South Africa, Thailand, The Netherlands, United Arab Emirates, United Kingdom and United States of America.

Kirloskar Brothers Share Price April 2016

Amansa Holdings – which held 2,707,013 shares or 3.41% prior to this deal sold 500,000 shares or 0.63% through a bulk deal in addition to another 49,510 shares sold through the open market (the company had held 4,801,712 or 6.05% at the end of December, 2015).

This reduces their shareholding down to 2,157,503 shares or 2.72%.

Amansa Capital is a company incorporated in Singapore. The company’s founder is Akash Prakash, who has over 15 years of experience as an investment manager across multiple regions and with a deep India expertise.

Amansa Capital has an international institutional investor base and acts as the Investment Manager to our flagship fund and relevant mandates.

Amansa Capital Akash Prakash April 2016

Insync Capital Partners – which did not hold any shares (based on the data from exchange) purchased 400,000 shares or 0.50%. This is a Mumbai based firm headed by Utpal Hemendra Sheth, Amitabh Sonthalia and Rekha Jhunjhunwala.

Kirloskar Brothers Amansa Insync Capital April 2016



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