Landmark Cars Limited
Government Pension Fund Global (Norway) decreased its stake in Landmark Cars Limited from 1.27% to 1.10% by selling 69,259 shares. The value of the sold shares is approximately ₹3.64 Cr based on the last closing price of ₹526.25 per share.
A leading premium automotive retailer in India operating an extensive network of dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault since its incorporation in 1998. The company serves both the passenger vehicle and commercial vehicle segments, representing Ashok Leyland in the commercial vehicle retail business across the country. It operates as a vertically integrated dealer network across multiple luxury and mainstream automotive brands.
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.