Government Pension Fund Global (Norway) increased its stake in Ahluwalia Contracts (India) Limited from 2.45% to 2.99% by purchasing 360,431 shares for ₹29.57 Cr at ₹820.40 apiece.
A prominent engineering and contract construction company, Ahluwalia Contracts delivers infrastructure and building projects across India. The firm specializes in executing state-of-the-art construction solutions for diverse clientele, ranging from government bodies to private enterprises. Its core expertise spans civil engineering, project management, and large-scale infrastructure development, with a focus on quality execution and timely delivery, positioning it as a key player in India's construction sector.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
