Mahindra & Mahindra Limited
The Government of Singapore reduced its stake in Mahindra & Mahindra Limited from 1.64% to 1.48%, decreasing its shareholding by 2,027,194 shares. This transaction is valued at approximately ₹692.17 crore based on the closing share price of ₹3414.10.
A diversified automobile manufacturer, Mahindra & Mahindra designs and produces vehicles across multiple segments including two-wheelers, three-wheelers, passenger cars, commercial vehicles, tractors, and earthmoving equipment. The company serves both domestic and international markets through its comprehensive product range. Its vertically integrated operations and broad presence across diverse automotive categories distinguish it as one of India's most diversified automobile manufacturers in the sector.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.